Tag: forecasts $11.78

  • Kioxia forecasts $11.78 billion Q2 operating profit

    Kioxia forecasts $11.78 billion Q2 operating profit

    TOKYO, July 31 : Kioxia said on Friday it expects to report operating profit of 1.89 trillion yen ($11.78 billion) in the July-September quarter as AI investment boosts demand for its memory chips. • That compares with an average estimate of 1.95 trillion yen from eight analysts surveyed by LSEG.•

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