CXMT Archives - The Yangtzeer

CXMT puts shy of $2.7B of excess IPO proceeds into DRAM R&D, testing

Yangtzeer observers2026-09-302026-09-2905 mins

The company had 36.8 billion yuan in excess proceeds, making the latest 18 billion yuan allocation almost half of that pool.

Yangtzeer observers2026-09-242026-09-2405 mins

CXMT founder and memory titan GigaDevice’s venture arm reportedly behind the AI champion with a 5 billion yuan bet.

Yangtzeer observers2026-09-212026-09-2104 mins

CXMT said the G5 yield ramp-up will take time and that new products must go through customer testing and certification before broader adoption.

Yangtzeer observers2026-09-092026-09-0905 mins

The company expects the technology eventually to expand beyond flagship smartphones into smart vehicles, edge servers and wearables.

Yangtzeer observers2026-08-122026-08-1205 mins

MSCI announced on July 28 that CXMT had met the eligibility criteria, with the inclusion taking effect on August 10.

Yangtzeer observers2026-08-062026-08-0606 mins

If prototype testing meets expectations, its domestically developed LPDDR6 chips could enter large-scale production within the year.

Yangtzeer observers2026-08-062026-08-06011 mins

But today, CXMT is refusing to make even a price concession. The reason is not arrogance. The rules of the game have changed.

Yangtzeer observers2026-07-282026-07-2806 mins

Rather than seeking a quick exit, the consortium positioned itself as a long-term partner in a strategic technology race.

Yangtzeer observers2026-07-2702 mins

The closing price was only 1% below the opening level, with the stock trading at elevated levels throughout the session.

Yangtzeer observers2026-07-272026-07-2705 mins

CXMT’s listing marks the largest semiconductor IPO in A-share history and one of Asia’s biggest public offerings this year.