Kioxia Stumbles: Weak Outlook Signals Cooling Momentum in Memory Market

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‼️ Kioxia Holdings Corp. issued a disappointing earnings outlook after results missed expectations. The Japanese chip leader on Friday forecast operating income of ¥3.16 trillion ($19.7 billion) for its fiscal half-year, which translates into a weaker-than-anticipated ¥1.89 trillion projection
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