CXMT

ChangXin Memory Technologies (CXMT) won approval last week for a nearly 30-billion-yuan ($4.4 billion) IPO in Shanghai, while Yangtze Memory Technologies Corp. (YMTC) has begun IPO preparations and co…

ChangXin Memory Technologies (CXMT), China's leading DRAM manufacturer, has received approval from the Shanghai Stock Exchange for its IPO on the STAR Market, targeting approximately $4.2 billion in p…

Chinese DRAM and NAND manufacturers are aggressively ramping production, potentially creating an oversupply that could lower prices for consumer memory and SSDs. The move challenges the AI-driven memo…