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China Memory Giant CXMT Prices IPO To Raise Up To $10 Billion: A Deep Dive Of This "Formidable DRAM Competitor"
Chinese memory giant CXMT, which we have discussed extensively in recent weeks due to its critical role in the Chinese memory supply chain (here, here and here), and which Apple is hoping to use as an alternative DRAM supplier to the Big 3 cartel (Samsung, SK Hynix and Micron), unveiled the terms of its highly anticipated IPO.
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scmp.com
Meet CXMT’s Zhu Yiming: the man building China’s memory-chip giant
From a Silicon Valley garage to China’s largest DRAM maker and a US$4.4 billion IPO, Zhu reportedly refused pay until CXMT became profitable.
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economictimes.indiatimes.com
China memory chipmaker CXMT sets July 27 listing for Asia's biggest IPO of 2026 - The Economic Times
ChangXin Memory Technologies plans a significant Shanghai Stock Exchange listing on July twenty-seventh. This initial public offering aims to raise nearly four point four billion…
