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Kioxia Warns of Memory Price Overheat; AP Memory Surges Back Above NT$1,000

Electronic Technology · Semiconductors · economic_daily · 2026-09-10

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Kioxia's CEO warned that excessive memory price hikes could dampen AI investment, triggering a sector-wide pullback, while AP Memory bucked the trend to reclaim the NT$1,000 mark.

What Happened

Kioxia's Warning: Kioxia CEO Nobuo Hayasaka cautioned that memory prices have risen significantly, warning that further increases could constrain AI investment budgets and ultimately harm long-term market growth.

Market Reaction: Following the comments, the memory sector experienced a broad decline, with stocks like Macronix, ADATA, and Innodisk seeing downward pressure as investors grew concerned about the impact on terminal demand.

AP Memory's Resilience: Despite the sector's volatility, AP Memory shares surged, reclaiming the NT$1,000 threshold as investors favored its specialized role in AI and high-performance computing applications.

Growth Outlook: AP Memory continues to advance its silicon capacitor and 3D stacking technologies, with its VHM solutions currently in the verification stage and expected to serve as a key growth driver by late 2027.

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