🔴 KIOXIA is trading 9.8% down today on AI payoff skepticism and NAND oversupply concerns

KIOXIA is trading at ¥55,800, down 9.8% today, as investors lock in gains following a sharp AI-driven rally and question the near-term returns on massive infrastructure spending.

• The stock is facing significant pressure from growing worries regarding NAND flash oversupply and a broader tech sector sell-off.
• Market sentiment has shifted toward profit-taking across high-beta semiconductor names as investors re-evaluate the immediate profitability of AI investments.