🟢 KIOXIA is trading 13% up today as memory stocks rally on AI demand and price outlook

KIOXIA is trading 13% up at $38.64 as memory-chip names rally from last week’s sharp sell-off.

• The move aligns with a broader rebound in memory stocks driven by upbeat analyst commentary on AI-related demand.
• Investors are reacting to expectations of higher memory prices following steep declines in KIOXIA and its peers during the recent tech rout.