TOKYO -- Shares in Japanese chipmaker Kioxia Holdings closed up 16.9% at 1,689 yen in its debut on the Tokyo Stock Exchange on Wednesday, after opening 0.3% below its IPO price.
IPO
Japan chipmaker Kioxia stock rises 16.9% on first day of trading
Bain Capital-owned company goes public to raise AI war chest
With the IPO, the Bain-led consortium's ownership in Kioxia has been trimmed to 52% from 56%, and Toshiba's to 32% from 41%. (Photo by Koji Uema)
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