KIOXIA is trading at $34.54, down 7.72%, with the decline appearing primarily sector-driven as memory-chip stocks retreat. - Memory-chip stocks are down 3.02%, amid profit-taking, elevated valuations and concerns about slowing NAND pricing growth. - Broader risk-off sentiment, higher Treasury yields and inflation concerns are adding pressure. - KIOXIA has no company-specific announcement dated September 24, 2026; its official news page lists no release explaining the decline.