IPO funds to fuel YMTC parent CCSH’s expansion, with nearly US$5 billion set aside to boost chipmaking capacity and accelerate R&D.

BEIJING, Aug 21 : Chinese chipmaker Yangtze Memory Technologies Corp's (YMTC) application to list its shares in Shanghai has been accepted by the financial hub's stock exchange,…

YMTC plans a $4.9 billion IPO on Shanghai's STAR Market with a valuation up to $42 billion, boosted by AI-driven NAND demand and China's chip