China’s Leading DRAM Maker CXMT Targets up to $42 Billion Valuation in Shanghai IPO Next Year · TechNode

Chipmaker CXMT plans Shanghai listing with $42 billion valuation, sources say

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 ($42.12 billion). The IPO plans come as China's semiconductor stocks have surged, with the benchmark CSI CN semiconductor index rallying about 49% year-to-date.

China’s leading DRAM maker CXMT targets up to $42 billion valuation in Shanghai IPO next year · TechNode

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. The company aims to raise between 20 billion and 40 billion yuan, with a prospectus expected as soon as November. CXMT is ramping up investment in high-bandwidth me…

Chipmaker CXMT eyes US$42 billion Shanghai listing, sources say

IPO plans come as China’s semiconductor stocks surge, with the benchmark CSI CN semiconductor index rallying 49 per cent year-to-date.

ChangXin plans $42bn IPO

ChangXin Memory Technologies (CXMT), the China DRAM company, is planning an IPO on the Shanghai exchange in H1 2026 at a valuation of $42 billion, reports Reuters. The company hopes ... The post ChangXin plans $42bn IPO appeared first on Electronics Weekly.

Chinese memory maker reportedly preparing for $42 billion IPO — CXMT plans to go public in early 2026

CXMT is reportedly planning to go public, hoping to raise $2.5 to $6 billion in fresh funds.

Sources: Chinese DRAM chipmaker CXMT plans a Shanghai IPO as soon as Q1 2026, targeting an up to ~$42B valuation and aiming to raise between ~$2.8B and ~$5.6B

Reuters: Sources: Chinese DRAM chipmaker CXMT plans a Shanghai IPO as soon as Q1 2026, targeting an up to ~$42B valuation and aiming to raise between ~$2.8B and ~$5.6B  —  - Firm plans Shanghai IPO in first quarter of 2026  — Aims to raise funding of 20 billion to 40 billion yuan