On September 14, Western Digital fell 3.48% in pre-market trading, trading at $429.82/share, with turnover of $3.39 million, as the storage sector extended its recent weakness.

On the news front, Kioxia CEO Taro Ohta explicitly stated that memory prices have risen high enough and has instructed his business teams not to significantly raise quotes for data center customers, warning that unchecked price increases could undermine AI industry investment willingness. He emphasized that even hyperscale data center operators have limited budgets, and if prices continue to spiral, it would ultimately damage long-term growth prospects for the overall memory market.

The bearish sentiment was compounded by reports that three major AI giants have called for slowing AI model development, further pressuring AI-related chip and storage names. Within the Technology Hardware, Storage and Peripherals sector, peers declined broadly: SanDisk fell 5.33%, Seagate Technology dropped 4.51%, Hewlett Packard Enterprise slid 5.70%, Dell Technologies lost 2.85%, and Apple edged down 0.32%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)