CXMT plans a $4.3 billion IPO on Shanghai's STAR Market, the exchange's largest ever, to expand DRAM production and develop HBM3 memory for AI workloads.

The company aims to raise 29.5 billion yuan from what would be the largest-ever listing on tech-focused STAR Market

China's largest DRAM maker CXMT opens investor subscriptions next week for a $4.3 billion IPO on Shanghai's STAR Market, the largest A-share listing of