China’s CXMT Targets US$8.55 Billion in Record Semiconductor IPO

The DRAM chipmaker’s Shanghai STAR Market listing is set to become Asia’s largest IPO this year, driven by strong AI memory demand. Chinese memory chipmaker ChangXin Memory Technologies (CXMT) is set to raise approximately 57.9 billion yuan (US$8.55 billion) through its initial public offering (IPO) on Shanghai’s STAR Market, marking the largest semiconductor IPO in […]