Memory chipmaker Kioxia replaces Toyota as Japan's most valuable company; Kioxia's shares surged 7.6% on Friday, lifting its market value to ~$274B (Kanoko Matsuyama/Bloomberg)
Kioxia became Japan’s most valuable company as AI-driven memory demand pushed its market value to about $274 billion.
Excerpt
<a href="https://www.bloomberg.com/news/articles/2026-06-12/kioxia-becomes-japan-s-most-valuable-firm-as-ai-mania-goes-on"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260612/i6.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260612/p6#a260612p6" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Kanoko Matsuyama / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-12/kioxia-becomes-japan-s-most-valuable-firm-as-ai-mania-goes-on">Memory chipmaker Kioxia replaces Toyota as Japan's most valuable company; Kioxia's shares surged 7.6% on Friday, lifting its market value to ~$274B</a></b></span> — Memory chipmaker Kioxia Holdings Corp. replaced Toyota Motor Corp. to become Japan's largest company by market value, underscoring … </p>
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