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2026-07-17 08:30:12
【Kioxia Holdings’ market value halved in one month as AI storage boom recedes significantly】 (1) Market concerns about the excessive rise in the storage chip sector driven by artificial intelligence have intensified, leading to a sharp correction in related stocks. (2) On Friday morning in Tokyo, Kioxia’s stock price once plummeted by 14%, a cumulative drop of 51% from the peak last month, with a market value loss of approximately 29.5 trillion yen (US$181.7 billion), equivalent to a direct halving. (3) Previously, in mid-June, driven by optimistic sentiment regarding AI demand, Kioxia’s year-to-date increase exceeded 600%, and its market value once surpassed Toyota to become the number one in Japan; but now its ranking has slipped to fourth among listed companies.
