🟢 KIOXIA is trading 6% up today on tight memory-supply outlook

KIOXIA is trading at ¥19,100, up 5.55%, as stronger memory-chip sentiment supports sector buying.

• On October 2, KIOXIA’s gains were described as follow-through buying, supported by Micron’s strong results and the outlook for persistently tight memory supply.
• No clear company-specific catalyst was identified for October 2. The October 1 RBA Platinum announcement is operational recognition, not an evident explanation for the share move.