Kioxia Holdings is considering raising at least $10 billion through a possible US listing, Bloomberg News reports, citing people familiar with the matter. The company may issue American depositary receipts (ADRs) as part of the fundraising.
The reports suggest the move would align with a broader market trend in which artificial intelligence-related companies explore US capital markets amid strong investor interest. Other details, such as timing, the final size of any offering, and whether Kioxia will proceed with the plan, are not included in the available coverage. Both outlets base their accounts on Bloomberg’s reporting, and no alternative figures or confirmations are provided.
As of now, the proposal remains under consideration, with terms and execution not publicly specified in the excerpts.
