DRAM is trading 3.55% down at $59.02 after Kioxia CEO Hiroo Ota said memory prices had risen sufficiently and instructed sales teams not to pursue substantially higher prices for data-center customers.
- Expectations for continued rapid memory-price growth weakened, triggering sector-wide profit-taking; SK Hynix, Micron, and Western Digital are declining.
- Broader risk sentiment pressured markets: Nasdaq down 0.74%, S&P 500 down 0.51% during the September 10, 2026 session.
- Explanation: sector-wide memory-pricing reassessment, not a DRAM-specific corporate announcement.