🔴 KIOXIA is trading 9.9% down today on AI ROI skepticism and NAND oversupply concerns

KIOXIA is trading at ¥55,760 (down 9.9%) as investors reassess memory-chip exposure following a sharp AI-led rally.

• Market sentiment is cooling due to growing skepticism regarding the actual returns on massive AI infrastructure spending.
• Renewed concerns over a NAND flash oversupply are pressuring the broader memory sector, driving a rotation out of tech names like Kioxia.