SemiconductorsKioxia poised for long-sought IPO as AI boom trickles down
Japan memory maker finds footing after market slump and Western Digital saga
The recent boom in artificial intelligence has only recently started to benefit the NAND memory, which is Kioxia's specialty. (Kioxia)
RYO MUKANO, Nikkei staff writer
August 24, 2024 04:27 JST
TOKYO -- Friday's application by Kioxia Holdings to list on the Tokyo Stock Exchange comes six years after its spinoff from Toshiba and three years later than planned, due partly to a narrow specialization that has left it vulnerable to the market's ups and downs.