Investors push company's value above 30tn yen threshold, or $188bn
NAND flash memory chips made by Kioxia. AI-related stocks rose on May 20 after American chip company Nvidia announced strong earnings. (Kioxia)
TOKYO -- The market capitalization of Kioxia Holdings on Thursday surpassed 30 trillion yen ($188 billion) for the first time on the stock market here as investors snapped up the shares on expectations of growing demand for memory chips.
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