TechNikkei Asia1h ago
NAND flash maker Kioxia has lost two-thirds of its market cap since its
NAND flash maker Kioxia has lost two-thirds of its market cap since its June peak, when it became Japan's most valuable listed company, as Chinese rivals emerge
TL;DRKioxia's stock crashed 67% since peaking as Japan's top company; Chinese competitors are gaining ground.
Why it matters: NAND flash dominates storage; geopolitical chip competition and market consolidation will reshape computing costs and supply chains.
TOKYO — Japanese memory chip maker Kioxia Holdings' market value has shrunk to one-third of the peak it reached just four months ago …
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