Kioxia suffered another severe drop on Tuesday, and its stock price plummeted by about 17% in early trading. If the decline continues until the close, this will be the sixth time in July that the stock has fallen by more than 10% in a single day. SK Hynix only recorded a single-day sharp drop of 10% or more for the fourth time this month. Although the performance was relatively good, for investors who were feverishly pursuing various AI concept stocks a few weeks ago, this scene is really unbelievable.

Kioxia suffered another severe drop on Tuesday, and its stock price plummeted by about 17% in early trading. If this decline continues until the close, this will be the sixth time in July that the stock has fallen by more than 10% in a single day. SK Hynix only recorded a single-day sharp drop of 10% or more for the fourth time this month. Although the performance was relatively good, for investors who were frantically pursuing various AI concept stocks a few weeks ago, this scene is really unbelievable.