China’s largest domestic memory maker ChangXin Memory Technologies (CXMT), is preparing for a major IPO in Shanghai, aiming to raise roughly $4.2 billion USD to expand production and fund next-generation DRAM development. On its face, it’s a straightforward business story: a fast-growing chipmaker capitalizing on a strong market. Viewed through the lens of today’s global RAM shortage, the move is more interesting and more complicated.
As reported by the data-analytics-id=”inline-link” href=”https://www.scmp.com/news/china-future-tech/semiconductors/article/3338246/chinas-dram-giant-cxmt-plans-us42-billion-ipo-shanghais-star-market” target=”_blank” data-url=”https://www.scmp.com/news/china-future-tech/semiconductors/article/3338246/chinas-dram-giant-cxmt-plans-us42-billion-ipo-shanghais-star-market” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none” data-mrf-recirculation=”inline-link”> South China Morning Post, news of the IPO hasn’t…
