🔴 000660.KS is trading 6.1% down today as rivals Kioxia and SanDisk advance 3D NAND technology

000660.KS is trading 6.1% down at $2,201,000 following reports that Kioxia and SanDisk have begun sampling a 332-layer BiCS10 3D NAND, potentially overtaking SK hynix in storage density.

• The new technology is positioned ahead of both Samsung and SK hynix in AI and data-center performance, intensifying competitive pressure in the high-performance storage market.
• Investors are reassessing the company's NAND roadmap as rivals accelerate their development plans to meet growing AI infrastructure demands.
• The price drop follows a period of sharp volatility and shifting sentiment within the semiconductor sector regarding technological leadership.