Kioxia Plunges 17% as the AI Memory Cycle Picks Winners and Losers

Kioxia shares fell 16.93% on a flat quarterly outlook even amid AI demand, while Tokyo Electron rose on strong results — a reminder that the AI chip boom isn't lifting all boats.

The AI semiconductor cycle is proving uneven even within the same corner of the market. @SOU_BTC reported that Kioxia shares plunged 16.93% in a single day, and @kioxiaman laid out three reasons the company guided its October–December outlook to roughly flat despite the broader AI demand narrative, citing pre-shipping sales dynamics and foreign-exchange impacts.

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