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.

Robotic transporters carrying silicon wafers whizz by on overhead rails at a new factory that Kioxia, one of Japan's most valuable companies, hopes can help it meet overwhelming…

KITAKAM (Japan), July 15 — Robotic transporters carrying silicon wafers whizz by on overhead rails at a new factory that Kioxia, one of Japan’s most valuable companies, hopes...