Chinese memory maker CXMT posts blistering 466% leap in Shanghai IPO — bulk of spending to be focused on DRAM production, no HBM in sight

CXMT surges 472% on debut to become most valuable mainland China-listed firm

ChangXin Memory (CXMT), leader DRAM cinese, debutta a Shanghai +472%, raccogliendo 66.6B yuan (record IPO chip) e $489B di valutazione. Consolida la sovranità chip di Pechino; i team IT affronteranno più concorrenza su prezzo DRAM e sourcing.