KIOXIA is trading 4.4% up today at ¥54,380 as traders partially reverse last week’s sharp AI-chip liquidation and reassess valuations after the stock hit its daily limit down on July 17.
- The recovery follows a broader rebound in memory-chip names supported by strong AI-driven demand forecasts, countering a recent sector-wide rout.
- Investors are reassessing positions after concerns that the AI rally and leveraged bets in high-beta chip stocks had become overextended.
- The price action marks a significant stabilization for the stock after it faced intense selling pressure during the previous week's market volatility.