
Kioxia Holdings, Japan's most valuable company this year thanks to strong demand for AI memory chips, plans to list U.S. depositary shares in spring 2027 and is considering a domestic stock split.
The moves reflect surging investor appetite for semiconductor exposure to artificial intelligence, with Kioxia's shares having climbed nearly 900% this year to exceed ¥100,000 ($620) apiece.
What happened
Kioxia Holdings announced it will offer U.S. depositary shares in spring 2027 and is actively considering a domestic stock split. The Tokyo-based NAND storage supplier's shares surpassed ¥100,000 ($620) apiece on Thursday, driven by strong results from memory maker Micron Technology and a nearly 900% rise this year.
Why it matters
Kioxia has become Japan's most valuable company this year on the back of an AI-fueled boom for memory products. The U.S. listing gives the company access to the world's largest financial arena and follows a similar move by rival SK Hynix seeking to tap growing investor demand for AI-related semiconductor exposure.
What to watch
The U.S. depositary share offering is scheduled for spring 2027. A domestic stock split is under active consideration to broaden Kioxia's investor base as share prices remain elevated.
Ask the AI about this article →
For example, today's edition would include:
AI-summarized, only the topics you pick — one digest a day via Email, Slack, or Discord.
Free · takes 30 seconds · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. Q&As are published on this page for other readers too.
Microsoft's fiscal 2026 10-K disclosed $24.1 billion of revenue from commercial arrangements with OpenAI, incl…

Nvidia's latest 13-F filing shows it owns eight stocks worth $63.4 billion in total, including Intel, SpaceX…

Microsoft's stock trades about 6% below its 52-week high

GE Vernova raised its 2026 revenue guidance to between $45.5 billion and $46.5 billion from a prior range of $…

Marvell's stock selloff deepened as investors seek clarity on the payoff from its AI deal with Google

Salesforce shares jumped almost 23% on Thursday, their best day since 2020, after the company reported a beat-…
