As China’s memory-chip giants YMTC and CXMT progress towards IPOs, they shine a spotlight on Beijing’s tech self-sufficiency ambitions.

China's leading flash memory maker, Yangtze Memory Technologies Co, or YMTC, has officially kicked off its initial public offering process, with plans to list on Shanghai's STAR…

Driven by an AI data center boom and surging memory prices, the company returned to profitability in the first quarter of this year, giving a boost to its Shanghai IPO plans