KIOXIA is trading 9.9% down at ¥55,760 as investors reassess memory-chip exposure amid worries about AI infrastructure spending efficiency and potential future NAND oversupply.
- The drop follows a broader tech sell-off sparked by Alphabet’s aggressive AI capex guidance, which has pressured sentiment toward hardware suppliers.
- Market participants are increasingly concerned about the sustainability of data-center demand and its impact on long-term profitability for NAND manufacturers.