Kioxia tanking 12% – any read-through for crypto mining or alt-L1 hardware demand?

Not trying to overreact, but when a major NAND flash maker like Kioxia drops 12% on AI stock weakness, it makes me wonder about the broader sentiment bleed. Fear & Greed is already at 15 – we’re in extreme fear territory. People are rotating out of anything that smells like tech, and crypto isn’t immune even if BTC’s only down ~1% right now.

I remember similar vibes in late 2018 when semi stocks cratered and it took a while before mining hardware prices