KIOXIA is trading at ¥53,770 (-7.44%) after CEO Hiroo Ota said NAND prices had risen sufficiently and instructed sales teams not to pursue substantial further increases.
- NAND average prices rose approximately 70% in the June quarter.
- Memory-chip peers declined as investors reassessed future pricing power.
- Ota ruled out a deeper SK Hynix manufacturing tie-up, citing antitrust concerns and existing SanDisk joint-venture obligations. KIOXIA’s latest move followed several sharp gains earlier in September.