Kioxia Prepares US Listing Amid AI-Driven Profit Surge
Japanese memory chip maker Kioxia is preparing for a US stock market listing. This move follows a substantial surge in its quarterly profits, largely attributed to high demand from the artificial intelligence sector.
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Kioxia prepares U.S. shares after riding AI boom to big profit
The Tokyo-based firm's meteoric rise encapsulates the booming demand for memory as hyperscalers rush to build AI infrastructure.
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