Kioxia: Q2 NAND average selling price rose mid-20% quarter-on-quarter

Kioxia's disclosure is a rare public data point on NAND pricing, and the magnitude of the sequential increase suggests tightening supply-demand conditions in memory. The absence of volume or revenue detail leaves open whether the gain reflects broad demand or a narrower mix effect, which matters for assessing sustainability. For RWA and crypto readers, the read-through is indirect: memory pricing feeds into hardware costs and the broader semiconductor cycle, and whether this pricing strength persists into coming quarters is the open question.