Market2026-09-14

Kioxia Holdings Corp. is considering a US listing of American depositary receipts. It aims to raise at least $10 billion. The move would tap strong investor demand for AI-related companies. Kioxia has discussed the offering with Bank of America, Goldman Sachs and JPMorgan. The Tokyo-based memory-storage maker seeks more US liquidity. It follows a share repurchase in Japan worth billions. The listing may occur next year. The discussions are private.

What it unlocks

Access to US investor liquidity for Kioxia.

  • $10 billion target
  • next year timeline

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