AI boom drives Kioxia’s stock price up by 4000% as Bain Capital exits with a cash-out

Golden Ten Data reported on July 9 that Bain Capital has sold all its shares in the flash memory chip manufacturer Kioxia Holdings, marking the end of a deal that has reshaped Japan’s technology and investment landscape. The global AI investment boom has driven Kioxia’s stock price up by more than 4,000% since its listing, making it one of the highest market value companies in Japan and delivering record returns. Bain Capital's managing partner Gross said: "This has been an extremely successful investment for all stakeholders involved."