Kioxia semiconductor manufacturing plant in Japan
Enterprise

Kioxia Rides AI NAND Boom to Record ¥870.4B Profit, Plans US Listing

Kioxia Holdings Corp. reported record full-year operating profit of ¥870.4 billion and confirmed plans to list American depositary shares on a US exchange, as AI-driven demand for NAND flash storage propelled the Japanese memory maker to its strongest performance since being carved out of Toshiba.

Soren Chau4 min read