Kioxia Holdings Corp., a NAND flash memory business, plans a $500M IPO with a valuation of $10.3B.
Bain Capital plans an IPO for Japanese chipmaker Kioxia Holdings Corp., aiming to raise around $500M. The company, a NAND flash memory business, is partnering with investment banks for listing, with the IPO expected to commence within weeks. Kioxia is set to command a valuation of over 1.5 trillion yen ($10.3B) amid rising global tensions and increasing demand for semiconductors due to AI development.
August 23, 2024
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