KIOXIA is trading 8.3% down today at ¥56,760 as investors rotate out of memory-chip names amid renewed concerns regarding AI infrastructure spending and potential market saturation.
- Alphabet’s higher AI capital expenditure guidance has prompted market skepticism over near-term returns on infrastructure investments, weighing on the broader semiconductor sector.
- Analysts warn that heavy industry-wide investment could lead to excess NAND flash capacity, creating downward pressure on pricing for suppliers like KIOXIA.