🔴 Memory Chips ETF (QBIT.SW) is trading 3.6% down as Kioxia’s cautious outlook pressures memory peers

QBIT.SW is trading at CHF 15.15 (-3.61%) as Kioxia’s cautious December-quarter outlook weighed on memory-chip peers.

• The outlook heightened concerns about NAND pricing and profitability.
• Heavy AI infrastructure spending remained under scrutiny over returns, while Intel’s weak outlook pressured the chip supply chain.
• These sector headwinds outweighed signs of broader market stabilization.