Kioxia shares fell 16% as an AI stock sell-off hit Japan's semiconductor sector, with investors reassessing chip valuations and long-term AI growth prospects.
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Japanese memory maker hits daily limit as semiconductor stocks tumble in Asia and US
Nikkei average briefly dives 4,100 points as memory maker and chip stocks tumble
Kioxia shares dropped 12% amid a broader AI stock sell-off triggered by OpenAI's potential IPO delay, dragging down Samsung, SK…
The growth of AI has fueled a remarkable turnaround for Kioxia, which was previously seen as an example of Japan's chipmaking…
Robotic transporters carrying silicon wafers whizz by on overhead rails at a new factory that Kioxia, one of Japan's most…
Kioxia lost roughly half its peak market value after a 600%-plus rally, raising broader questions about AI sector valuations in…
AI ignites 'ignored sector' for Japan chipmaker Kioxia
