KIOXIA is trading 3% down today at ¥60,000 as investors react to reports that Apple is exploring memory-compression technology that could reduce future DRAM and NAND demand.
- The potential shift by Apple targets a key revenue driver for the company, as the technology aims to lower the requirement for physical memory components in future devices.
- The stock is sliding alongside a 4.15% decline in memory-chip peers, with the market reassessing the durability of the current memory upcycle.
- Investors are also engaging in profit-taking across the semiconductor sector following strong recent gains.