KIOXIA is trading 18.3% down at ¥44,550 following a sharp selloff driven by worsening NAND oversupply and cooling expectations for AI-driven memory demand.
- The drop aligns with a broader slump in memory-chip names as investors reassess pricing power and future profitability in the current macro environment.
- Downside pressure is being amplified by sector-wide fears of peaking storage prices and intensified competition from Chinese manufacturers in DRAM and related memory markets.