Asian stock markets fell sharply on Tuesday, led by South Korea's Kospi index dropping over 3% amid AI-driven selloffs. SK Hynix fell 4.2% after a record 15% plunge, while the Hang Seng and Nikkei als…
Bain Capital confirmed that a special-purpose vehicle it set up for SK Hynix still holds a 14% stake in Kioxia Holdings, as Bain itself fully exited its position in the Japanese NAND flash memory comp…
Bain Capital has sold its entire stake in Kioxia Holdings, generating record returns after the chipmaker's shares surged over 4,800% since its debut, driven by AI-related demand. The exit marks the en…
Asian shares retreated Tuesday, with South Korea's Kospi slumping nearly 5% despite a rebound for AI stocks on Wall Street, as Samsung Electronics shares fell 7.7% even after reporting a 19-fold surge…
Asian markets fell sharply on Tuesday, with South Korea's Kospi dropping 7.6%, despite a rebound in AI stocks that lifted the S&P 500 to near a record. Samsung Electronics and SK Hynix slumped 8.7% ev…
Kioxia Holdings has begun shipping samples of its next-generation 332-layer 3D flash memory chips to AI data center operators, aiming to capture a larger share of the growing market. The new chips off…
Asian technology stocks slumped after Apple raised prices for its products, stoking concern that rising component prices will curb demand for devices and slow the memory chip rally. South Korean memor…
Kioxia Holdings plans to offer U.S. depositary shares in spring 2027 and execute a stock split in Japan to capitalize on surging demand for AI-related semiconductor stocks. The NAND storage supplier, …
Kioxia Holdings overhauled its executive compensation to a variable, uncapped structure tied to its stock price after shares surged 660% year-to-date amid soaring AI-driven demand for NAND flash memor…
Investors are shifting from value to growth stocks in Japan, driven by AI-related firms like Kioxia and SoftBank overtaking traditional manufacturers in market-cap rankings. This change reflects growi…
Kioxia Holdings surpassed Toyota Motor to become Japan’s largest company by market value, with shares surging 7.6% Friday to lift its market capitalization above ¥44 trillion ($274 billion). The memor…
The Nikkei Stock Average closed above 65,000 on May 25 for the first time, accelerating a rally that moved the benchmark from 50,000 to 60,000 in six months and then to 65,000 in weeks. The advance wa…