CXMT puts shy of $2.7B of excess IPO proceeds into DRAM R&D, testing
The company had 36.8 billion yuan in excess proceeds, making the latest 18 billion yuan allocation almost half of that pool.
Tag: DRAM
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CXMT puts fifth-generation DRAM process into production
CXMT said the G5 yield ramp-up will take time and that new products must go through customer testing and certification before broader adoption.
CXMT joins MSCI Index, marking fast track into global capital markets
MSCI announced on July 28 that CXMT had met the eligibility criteria, with the inclusion taking effect on August 10.
Why China’s memory chip champion CXMT said no to Apple
But today, CXMT is refusing to make even a price concession. The reason is not arrogance. The rules of the game have changed.
Ningbo capital reaps $4 billion windfall from five-year CXMT bet
Rather than seeking a quick exit, the consortium positioned itself as a long-term partner in a strategic technology race.
CXMT shares surge 466% in blockbuster STAR Market debut
The closing price was only 1% below the opening level, with the stock trading at elevated levels throughout the session.
Memory titan CXMT surges in record STAR Market debut
CXMT’s listing marks the largest semiconductor IPO in A-share history and one of Asia’s biggest public offerings this year.
CXMT prices record IPO as AI memory boom fuels investor demand
It operates three 12-inch DRAM fabs in Hefei and Beijing with combined monthly capacity exceeding 300,000 wafers.
Memory’s AI boom raises an old question: Who wins when the cycle turns?
As chipmakers build new fabs and upgrade production lines, semiconductor equipment suppliers have become some of the biggest beneficiaries.
Memory giant CXMT opens share subscription for $4.3 billion IPO
The deal would rank second only to Semiconductor Manufacturing International Corporation’s record 53.2 billion yuan STAR Market IPO in 2020.
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