🔴 KIOXIA is trading 13.1% down today after near-flat profit outlook missed analyst expectations

KIOXIA is trading at ¥9,324, down 13.14%, after its near-flat December-quarter operating-profit outlook fell short of analyst expectations.

• Slower NAND price growth and shipment timing added to concerns.
• The decline also came amid a broader memory-chip selloff, as investors worried post-election data-center restrictions could slow AI infrastructure growth and semiconductor demand.