Kioxia to consider raising $10 billion in US listing, Bloomberg News reports

Sept 14 (Reuters) – Japanese chipmaker Kioxia Holdings is considering raising at least $10 billion by listing American depositary receipts, Bloomberg News reported on Monday, citing people familiar with the matter.

Read more Oprah Winfrey says Sphere show is culmination of her life’s work

Kioxia has been speaking with lenders, including Bank of America, Goldman Sachs and JPMorgan , on an offering that may take place next year, the report said.

The Tokyo-based company is seeking to increase liquidity in the U.S. through the listing after repurchasing billions of dollars worth of shares in Japan, while selling ADRs could also allow Kioxia to join a semiconductor-focused stock index, the report added.

Reuters could not immediately verify the report.

Kioxia, Bank of America, Goldman Sachs, and JPMorgan did not immediately reply to a request for comment outside of regular business hours.

Read more Canada’s August inflation holds steady at 3% as crude stays firm; food prices ease

Kioxia said in May it was preparing to list American depositary receipts (ADRs) to broaden its investor base.

Asian tech firms and semiconductor companies are looking to expand their investor base in the U.S., even as AI stocks recently fell after top AI lab CEOs call for hitting the brakes on technology’s development amid safety worries.

(Reporting by Sumedha Mukherjee in Bengaluru; Editing by Shailesh Kuber and Leroy Leo)

Read more Florida election 2026 candidates for Congress, U.S. House District 21

Copyright Reuters or USA Today via Reuters Connect

This story was originally published September 14, 2026 at 8:18 AM.