KIOXIA is trading 9.9% down at ¥55,760 as investors pull back from memory-chip names following an intense AI-driven rally.
- Growing skepticism regarding returns on heavy AI infrastructure investment is driving a broader de-risking from high-beta semiconductor stocks.
- Renewed concerns over NAND flash oversupply are weighing on pricing and margins, impacting market sentiment.
- The decline occurs within the context of a wider technology sector sell-off as the market re-evaluates valuations for AI-linked hardware providers.