semiconductorBloomberg Technology· 7/17/2026, 12:24:24 AM★ 8.0
Chipmaker Kioxia’s Market Value Halves From Peak on AI Selloff
Japanese memory chipmaker Kioxia Holdings Corp.’s market capitalization halved in just a month since becoming the nation’s most valuable company, on growing concerns the AI-driven rally in the sector has gone too far.
💡 AI analysis: The memory chip overvaluation correction signals a definitive pivot in AI capital spending from storage expansion to compute efficiency, forcing Kioxia to immediately restructure its foundry and technology portfolio.