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CXMT's US$8.6 billion IPO sets off new spending cycle across China's DRAM supply chain

5 d ago

China's leading DRAM producer CXMT listed on Shanghai's STAR Market on July 27 after raising about CNY57.9 billion (approx. US$8.6 billion), the board's largest initial public offering to date. The deal gives the memory chipmaker fresh capital to expand...