kioxia
Kioxia eyes listing on Tokyo bourse in September after postponement
Kioxia Holdings Corp. is preparing to go public on the Tokyo Stock Exchange as early as September after heightened U.S.-China tensions led to the postponement of the Japanese chipmaker's planned debut last year, sources familiar with the plan said. The envisaged listing of Kioxia, formerly known as Toshiba Memory Holdings Corp., comes as robust demand for semiconductors is giving a boost to chipmakers and their share prices. The firm is expected to submit an application to the Tokyo bourse this month to list its shares, likely on the First Section, the sources said Wednesday. Kioxia postponed its plan to go public last October after the United States under then President Donald Trump restricted exports to Huawei Technologies Co., a buyer of Kioxia chips. Kioxia manufactures flash memory chips for personal computers and smartphones, and its debut, with an estimated market capitalization of ¥1.5 trillion ($14 billion) at the time, would have been one of the largest initial public offerings in Japan last year.
Data At AI Speeds
SwiftStack is being acquired by NVIDIA. SwiftStack is a software-driven data storage and management platform for data-intensive applications and workflows, providing access to data across the edge, core data centers and public clouds. The image below, from the SwiftStack web site gives some idea of the SwiftStack software ecosystem. SwiftStack says that it has worked for more than a year with NVIDIA to solve the data challenges to enable AI at scale. The release about the announcement says that, "Last year, when we announced SwiftStack 7, we unveiled our focus on the SwiftStack Data Platform for AI, HPC, and accelerated computing. This included SwiftStack 1space as a valuable piece of the puzzle, enabling data acceleration in the core, at the edge, and in the cloud."