Kioxia Plans US Depositary Shares in Spring 2027 and Stock Split to Capitalize on AI-Driven Memory Demand, Mirroring SK Hynix's Push Into US Capital Markets

Kioxia — Japan's most valuable company since June 12, boosted by AI-driven NAND storage demand — plans to offer US depositary shares in spring 2027 and execute a stock split to access the world's largest capital market. The move mirrors competitor SK Hynix's US market entry and gives American investors direct exposure to one of the key AI memory supply-chain players without the friction of a Tokyo Stock Exchange listing. Bloomberg reports the plan reflects confidence that structural AI storage demand will remain elevated through 2027 and beyond.