08:13
2026-07-09
startupfortune.com
artificial-intelligence
CXMT's $4.3 Billion IPO Puts Beijing's Chip Ambitions to a Real Test
ChangXin Memory Technologies (CXMT) is raising $4.3 billion in its Shanghai STAR Market IPO, the largest A-share listing in China this year, driven by surging AI memory demand that boosted its first-q…