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S&P Upgrades Kioxia's Rating to 'BBB', Optimistic About AI-Driven Growth Prospects
2 day ago /
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Author：小编
S&P Global Ratings has upgraded Kioxia Holdings' long-term issuer credit rating from BBB- to BBB, citing significant improvement in its earnings outlook driven by the AI boom and a profound transformation in its business structure. S&P also assigned a positive outlook, suggesting further rating upgrades could be possible if the company can further reduce cyclical volatility risks.
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