Kioxia, a leading NAND memory supplier, plans to issue American Depositary Receipts (ADRs) in the U.S. market in spring 2027. The move aims to leverage the strong global demand for semiconductor stocks fueled by the AI boom. CFO Yoshihiko Kawamura announced at the company's annual general meeting that Kioxia intends to enter the U.S. market following the conclusion of its fiscal year in March, targeting a launch between April and June.
Kawamura emphasized the significance of this strategic step, highlighting that it will create a direct connection with the U.S. market. The company is committed to ensuring the success of this initiative, which marks a pivotal moment in its expansion strategy.
Kioxia to Launch ADRs in U.S. Amid AI-Driven Semiconductor Demand
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