Kioxia Weighs a $10B US ADR Listing in Spring 2027 as AI Memory Demand Holds
Bloomberg·medium signal
Bloomberg reported September 14 that Kioxia is working with Bank of America, Goldman Sachs and JPMorgan on a potential US American depositary receipt listing worth around $10 billion, targeted for spring 2027. It would be one of the largest storage-sector listings tied to AI infrastructure demand. The move follows the same pattern as Firmus and Ligent, where memory and interconnect suppliers are going to public markets to fund capacity rather than raising privately.