[DEVELOPING] Kioxia falls as much as ~15% in Tokyo after December-quarter profit guidance misses estimates
Kioxia guided December-quarter operating profit to about ¥2T, barely above the September quarter's ¥1.99T and below analyst estimates. The shares fell as much as ~15% on Monday, and coverage tied the drop to concerns that AI-driven memory growth may be levelling off. Per relayed Bloomberg reporting, the company blamed shipment timing rather than weaker demand and said next year's production is already sold out. It is the first sharp memory-guidance wobble after last week's semiconductor-index selloff; watch NAND contract-price commentary and whether the move carries into US memory names. Coverage so far mostly relays Bloomberg's reporting, so this item is not FLASH.