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Economy · Tokyo, Japan ·

Chip maker Kioxia warns price spikes leveling

Reported by 1 outlet · first reported Oct 31, 10:36 PM ET

Kioxia's outlook missed, suggesting flash memory price jumps are leveling off.

Why it matters

Memory prices affect device costs.

Background

Memory demand surged with AI.

The story so far

  1. Japanese budget chain Saizeriya raises menu prices
  2. Chip maker Kioxia warns price spikes leveling
  3. Japan's Nikkei falls as chip stocks slump
  4. Nikkei drops 6.3% as Asian chip stocks tumble
  5. Asian chip stocks tumble with Nasdaq
  6. Asian tech stocks rebound as oil falls

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Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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