KIOXIA is trading approximately 8% down at ¥56,910 as investors pull back from memory-chip names amid renewed concerns about AI infrastructure spending and a potential oversupply in NAND flash.
- Sentiment has been pressured by Alphabet’s higher AI capex guidance, which has raised questions about near-term returns on data center build-outs.
- The stock is facing a broader derating across semiconductor memory names as market participants reassess the pace of AI-driven demand.