KIOXIA is trading 9.9% down at ¥55,760 as investors cut exposure to memory-chip names amid growing skepticism over AI returns and NAND oversupply.
- The decline follows an intense AI-driven rally, with investors now questioning the long-term returns on massive infrastructure spending.
- Renewed concerns over a NAND flash oversupply are threatening pricing power for key products and weighing on broader semiconductor sentiment.