Kioxia caps years of uncertainty to become Japan’s most valuable company
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Kioxia caps years of uncertainty to become Japan’s most valuable company

Semiconductors

AI boom raises memory maker’s stock price 56-fold in 18 months

Kioxia’s market cap has reached 44 trillion yen ($275 billion) in a year and half since listing. (Nikkei montage/Source photos by Nikkei and Kioxia)

TOKYO — Japanese memory maker Kioxia Holdings is now the top Japanese company by market capitalization, capping off a dramatic period that included postponed listings and years of uncertainty before its stock price soared 56-fold.

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