Japanese chipmaker Kioxia aims to list in October amid AI boom

Expected capitalization of over $10bn would be Japan's largest 2024 IPO

20240823 Kitakami plant

Kioxia's Kitakami plant in northeastern Japan. The chipmaker is tapping accelerating demand from the AI sector. (Photo by Koji Uema)

RYO MUKANO, Nikkei staff writer

TOKYO -- Japanese chipmaker Kioxia Holdings filed an application to list on the Tokyo Stock Exchange on Friday, Nikkei has learned, aiming to go public in October amid soaring appetite for semiconductors from the artificial intelligence sector.

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