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Chinese memory chipmaker changxin memory technologies (cxmt) plans an initial public offer in shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion yuan ($42. The company hopes to raise up to 40 billion yuan ($5.6 billion) to fuel ai chip production. Chinese memory chipmaker changxin memory technologies (cxmt) plans an initial public offering (ipo) in shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion.
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Changxin memory technologies (cxmt), china’s leading producer of dynamic random access memory (dram) chips, plans to go public in shanghai as early as the first quarter of 2026, seeking a valuation of up to 300 billion yuan ($42 billion), according to people familiar with the matter. China’s chip stocks have surged 49% this. Changxin memory technologies (cxmt), a chinese memory chipmaker, plans to list on shanghai’s stock exchange in q1 2026 and is targeting a valuation of up to us$42 billion, according to sources.
Cxmt targets up to 300 billion yuan ($42.12 billion) valuation in shanghai ipo
The dram maker is expanding in high bandwidth memory amid us chip curbs
