Kioxia Plans 2027 US Depositary Share Offering as AI Chip Rally Fuels Demand
Updated
Updated · Bloomberg · Jun 25
Kioxia Plans 2027 US Depositary Share Offering as AI Chip Rally Fuels Demand
2 articles · Updated · Bloomberg · Jun 25
Summary
Spring 2027 is Kioxia’s target for a US depositary share offering, with the memory-chip maker aiming to tap American investors after its fiscal year ends in March.
Runaway demand for AI-linked semiconductor exposure is driving the plan, as global chip shares continue to benefit from the artificial-intelligence boom.
Yoshihiko Kawamura, Kioxia’s chief financial officer, outlined the timing at the company’s annual general meeting.
The move would give Kioxia a US-market fundraising route tied directly to investor appetite for AI semiconductor plays.