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Kioxia Stock Plunges 40% in One Month, Falls to 69,100 Yen on July 14

2026-07-14 10:02:11

SKHY-8.78%

SKHYV-0.98%

According to Yonhap News, Kioxia Holdings' NAND flash memory stock fell 40% from its June 22 high of 112,700 yen, closing at 69,100 yen on July 14. The decline marks the company's loss of Japan's top market cap position, which was overtaken by Toyota and later by MUFG. Once a major driver of Japan's Nikkei 225 index with gains exceeding 800% in the first half of 2026, Kioxia has faced selling pressure due to concerns over AI overinvestment and production increases from competitors like Samsung and SK Hynix.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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