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Kioxia Warns Flash Memory Price Hikes Slowing After Outlook Miss

First reported by Bloomberg ·

The signal ●○○○ Brief pending · reported by Bloomberg, the single source so far
What happened

Kioxia Holdings Corp. delivered a profit outlook that trailed estimates, warning that an AI-fueled surge in flash memory chip prices was easing after several quarters of breakneck growth.

Source description shown. AI brief pending.

Kioxia