Kioxia’s IPO Debut Surges, Valuing Japanese Chipmaker at $5.8 Billion
Shares of Kioxia (285A.T) surged 14% on their debut, giving the Bain Capital-backed memory chip manufacturer a valuation of over 890 billion yen ($5.80 billion). This...
Etiket: Memory Chips
Samsung Reports Disappointing Q3 Profit Guidance Amid AI Chip Challenges
Samsung Electronics, the world’s largest memory chip producer, reported lower-than-expected third-quarter profits on Tuesday, despite a year-on-year surge. The South Korean tech giant estimated operating profits...