KIOXIA is trading approximately 10.3% down today at ¥55,510 following a sharp reversal in sentiment toward AI-related memory stocks and growing concerns over NAND oversupply.
- Investors are increasingly questioning near-term returns on heavy AI infrastructure spending, prompting profit-taking in stocks that previously rallied on data-center demand.
- Specific fears regarding excess NAND capacity are weighing on KIOXIA's outlook as a major global supplier of flash memory.