Kioxia, a major NAND flash memory supplier, is planning a new stock listing in the United States, anticipated for spring. This move aims to capitalize on the increasing investor interest in semiconductor companies, particularly those linked to artificial intelligence. Simultaneously, Kioxia intends to implement a domestic stock split in Japan. The company is responding to robust demand for its products driven by the growing AI sector. This dual strategy seeks to broaden its investor base and enhance stock liquidity. Details regarding the specifics of the US listing and the stock split ratio are yet to be disclosed. Kioxia anticipates benefiting from increased visibility and valuation in the US market.
