Kioxia Becomes Japan's Most Valuable Company on AI Boom

Kioxia has become Japan's most valuable company, overtaking Toyota with a market capitalization exceeding 44 trillion yen. The chipmaker's rise caps years of uncertainty and reflects ongoing AI-driven investor enthusiasm. The milestone comes as Japan's Nikkei index regained the 66,000 level, closing up 1,802 points amid hopes for an end to conflict.