By
Huileng Tan
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Yuji Sugimoto led Bain Capital's acquisition of Toshiba Memory, now known as Kioxia.
Kioxia, which was spun off from Toshiba in 2017, has become Japan's most valuable company by market cap.
By
Huileng Tan
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Yuji Sugimoto led Bain Capital's acquisition of Toshiba Memory, now known as Kioxia.

AI boom raises memory maker's stock price 56-fold in 18 months

Kioxia has soared more than 670 per cent in 2026, making it the best performer on the MSCI World Index. Read more at…

Memory chipmaker Kioxia briefly surpassed Toyota as Japan's most valuable company, reaching a $281 billion market cap fueled by…

The growth of AI has fueled a remarkable turnaround for Kioxia, which was previously seen as an example of Japan's chipmaking…

KITAKAM (Japan), July 15 — Robotic transporters carrying silicon wafers whizz by on overhead rails at a new factory that Kioxia,…

Move underscores a shift in country's industrial leadership following SoftBank's rise to No. 1