TOKYO — Friday’s application by Kioxia Holdings to list on the Tokyo Stock Exchange comes six years after its spinoff from Toshiba and three years later than planned, due partly to a narrow specialization that has left it vulnerable to the market’s ups and downs.
The current boom in artificial intelligence-related investment is finally providing an opportunity to achieve its long-sought goal, which will enable the company to raise much needed capital.
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Publish date : 2024-08-23 08:26:00
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