KIOXIA is trading at Β₯55,470 (-10.36%) as investors take profits and question near-term returns from heavy AI infrastructure spending following a sharp pullback from its recent rally.
- NAND flash oversupply concerns are weighing on sentiment across the memory-chip sector, further pressuring the stock.
- Broader tech risk aversion is exacerbating the selloff, though the primary catalysts remain sector-specific rather than company-only.