Kioxia’s market capitalization fell by ~50% within a month after it became Japan’s most valuable company, as investors grew concerned the AI-driven rally in memory chips has run too far. The move signals deteriorating sentiment toward the sector’s valuation and near-term momentum.
Kioxia’s market capitalization fell by ~50% within a month after it became Japan’s most valuable company, as investors grew concerned the AI-driven rally in memory chips has run too far. The move signals deteriorating sentiment toward the sector’s valuation and near-term momentum.
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Request TrialOverall Sentiment
mildly negative
Sentiment Score
-0.35
