CXMT Eyes $42B Valuation in Shanghai IPO Amid AI Memory Surge
ChangXin Memory Technologies (CXMT), China’s leading DRAM chipmaker, is preparing for an initial public offering (IPO) on the Shanghai Stock Exchange, targeting a valuation of up to 300 billion yuan (approximately $42.12 billion). The listing is anticipated to occur as early as the first quarter of 2026, with the company aiming to raise between 20 … Continue reading CXMT Eyes $42B Valuation in Shanghai IPO Amid AI Memory Surge
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