On July 17, the Nikkei 225 index continued its downward trajectory, suffering a 4% decline and finishing the trading day at 64,148.86 points. In the memory chip sector, Kioxia's stock price plummeted to its limit down, causing its market capitalization to contract by more than 50% compared to its peak in June. This sharp drop has wiped out at least ¥29.5 trillion (equivalent to $181.7 billion) in market value.
