Kioxia president and CEO Nobuo Hayasaka rang the bell at a ceremony to mark the company’s stock market debut.
Photo: Yuichi YAMAZAKI / AFP
Source: AFP
Shares in Japanese chipmaker Kioxia rallied more than seven percent on their debut in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.
Formerly the semiconductor unit of Japanese engineering giant Toshiba, the firm is the world’s third-largest producer of NAND flash memory chips.
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