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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. Restrictions tighten on advanced chip exports. 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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The company hopes to raise up to 40 billion yuan ($5.6 billion) to fuel ai chip production. The listing marks a major milestone in beijing’s push to achieve semiconductor independence as u.s Chinese memory chipmaker changxin memory technologies (cxmt) is preparing for an ipo in shanghai as early as the first quarter of next year.
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.
Changxin memory technologies (cxmt), china’s leading dram chipmaker, is preparing for an ipo in shanghai as early as q1 2026 with a potential valuation of up to 300 billion yuan ($42 billion)