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  • October 8, 2026
  • Last Update July 17, 2026 9:28 pm
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China’s CXMT eyes US$4.2B Shanghai IPO to fuel memory chip expansion

China’s CXMT eyes US$4.2B Shanghai IPO to fuel memory chip expansion

China’s leading domestic DRAM maker, ChangXin Memory Technologies (CXMT), is seeking to raise CNY29.5 billion (approx. US$4.2 billion) through an IPO in Shanghai, as it looks to upgrade production lines and expand development of advanced memory technologies.

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