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NAND maker Kioxia's shares fell up
NAND maker Kioxia's shares fell up to 15% on Monday after its cautious Q3 outlook disappointed investors, raising concerns that AI-driven growth may be slowing
TL;DRKioxia stock dropped 15% over weak guidance, signaling potential slowdown in AI chip demand.
Why it matters: Memory chip weakness could indicate AI spending is cooling, affecting broader semiconductor sector valuations.
Kioxia Holdings Corp.'s shares fell by their most in three months after the Japanese memory maker's cautious outlook inflamed concerns …
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