KIOXIA is trading 10.1% down at ¥55,640 as investors rotate out of memory-chip names amid rising concern about AI infrastructure spending returns and a potential NAND oversupply.
- The decline follows a broader tech selloff sparked by Alphabet’s higher AI capex guidance, which raised questions regarding the near-term profitability of AI data-center buildouts.
- Sentiment across the semiconductor and memory sectors remains under pressure as markets evaluate the sustainability of current investment levels against future returns.