Japanese chipmaker Kioxia shelves $3.2 billion IPO amid US-China tensions

Kioxia Holdings Corp, the world’s second-largest maker of flash memory chips, on Monday shelved plans for what would have been Japan’s largest initial public offering (IPO) this year, as U.S-China tensions cloud the global chip market.

Source link

Leave a Reply

Do NOT follow this link or you will be banned from the site!