Japan’s Kioxia plans US depository shares amid surging AI driven NAND demand
Kioxia Holdings plans to offer US depositary receipts between April to June 2027 to use runaway investor demand for exposure to AI-related semiconductor shares. Chief financial officer, Yoshihiko Kawamura, said in its annual shareholders’ meeting that Kioxia intends to leverage the US market after the close of its current fiscal year at the end of…
