KIOXIA is trading approximately 5% down at ¥58,770 as investors react to reports that Apple is exploring memory-compression technology that could reduce future DRAM and NAND demand.
- The selloff comes alongside a roughly 4.15% drop in memory-chip peers as markets reassess the durability of the current memory upcycle.
- Investors are also engaging in profit-taking across the semiconductor sector following a period of strong gains.