Thursday, 9 July, 2026
Sovereign Silicon: China’s Top Memory Chipmaker Unveils Year’s Biggest $4.3B IPO
By TechShots Studio
Changxin Memory Technologies (CXMT), China's premier domestic DRAM memory chipmaker, will launch book-building on July 15 for its blockbuster Shanghai IPO. Seeking to raise 29.5 billion yuan ($4.34 billion) on the tech-focused STAR Market, the listing marks the largest A-share market debut of the year, providing CXMT crucial capital to upgrade its production capabilities amid ongoing tech tensions with the US.