KIOXIA is trading 13.25% lower at ¥11,685 now after investors reacted to its cautious near-term outlook.
- The company reported record quarterly results on October 30, but forecast current-quarter operating profit of ¥2 trillion, below the ¥2.35 trillion estimate.
- NAND price growth slowed sharply despite strong AI and data-center demand.
- The move is in live trading; volume data was not provided.