Kioxia considers $10 billion U.S. IPO to tap semiconductor demand boom

Japan-based memory-chip maker Kioxia is exploring a $10 billion initial public offering in the United States, betting on sustained demand for AI infrastructure and data center memory capacity. The listing would mark a major re-entry into public markets and capitalize on elevated semiconductor valuations.

The move underscores competition for capital as rivals SK Hynix and Samsung $SSNLF compete for dominance in high-bandwidth memory ($HBM) critical to GPU supply chains, though the IPO timing remains subject to market conditions and geopolitical risks.

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