
CXMT plans $5.6 billion IPO as China pushes for semiconductor self-sufficiency
ChangXin Memory Technologies (CXMT) is on its way to a 300 billion yuan ($42.12 billion) valuation if it successfully lists on Shanghai’s STAR mark...

China’s top flash memory maker to expand into DRAM production
YMTC, China’s top flash memory maker, intends to expand into DRAM production, including HBM chips, amid tightened U.S. export controls.

Key AI chip supplier stocks surge amid reports of eased U.S. restrictions on China
AI chip makers received positive news as major semiconductor manufacturers saw significant gains in their stocks following reports that the U.S. is...