Nintendo's stock price once plummeted 5.3%, the biggest one-day decline since April. Nvidia CEO Hwang In-hoon's remarks on the demand for data storage in the field of artificial intelligence have raised market concerns about rising memory chip prices, which may drive up production costs for game consoles. PlayStation manufacturer Sony once fell 4% to its lowest point since September. The reason behind the current decline in Japanese stocks is that after Hwang In-hoon made the above remarks, US storage-related concept stocks took the lead in rising on Tuesday. Driven by this, the stock prices of Japanese storage companies such as Kioxia rose simultaneously. Huang Renxun expressed the relevant opinion at the International Consumer Electronics Show in Las Vegas. He said that the current needs of the storage market are “far from being fully met.”

Zhitongcaijing · 5d ago
Nintendo's stock price once plummeted 5.3%, the biggest one-day decline since April. Nvidia CEO Hwang In-hoon's remarks on the demand for data storage in the field of artificial intelligence have raised market concerns about rising memory chip prices, which may drive up production costs for game consoles. PlayStation manufacturer Sony once fell 4% to its lowest point since September. The reason behind the current decline in Japanese stocks is that after Hwang In-hoon made the above remarks, US storage-related concept stocks took the lead in rising on Tuesday. Driven by this, the stock prices of Japanese storage companies such as Kioxia rose simultaneously. Huang Renxun expressed the relevant opinion at the International Consumer Electronics Show in Las Vegas. He said that the current needs of the storage market are “far from being fully met.”