*China memory makers’ IPO line up: CXMT seeks US$4.2 billion, YMTC prepares filing*
Strong AI demand has pushed the memory sector into a rare upcycle. China’s leading DRAM maker CXMT is advancing an IPO application on the STAR Market, targeting CNY29.5 billion (US$4.21 billion), the second-largest fundraising in STAR Market history. In parallel, supply chain sources say China’s NAND flash leader YMTC is likely to file for an IPO in the first half of 2026.
Source: DigiTimes
Submitted January 05, 2026 at 02:53AM by NewMaxx via reddit ift.tt/w8M0GJd
Strong AI demand has pushed the memory sector into a rare upcycle. China’s leading DRAM maker CXMT is advancing an IPO application on the STAR Market, targeting CNY29.5 billion (US$4.21 billion), the second-largest fundraising in STAR Market history. In parallel, supply chain sources say China’s NAND flash leader YMTC is likely to file for an IPO in the first half of 2026.
Source: DigiTimes
Submitted January 05, 2026 at 02:53AM by NewMaxx via reddit ift.tt/w8M0GJd