
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.

It operates three 12-inch DRAM fabs in Hefei and Beijing with combined monthly capacity exceeding 300,000 wafers.

As chipmakers build new fabs and upgrade production lines, semiconductor equipment suppliers have become some of the biggest beneficiaries.

The filing came one day after leading domestic DRAM producer Changxin Memory Technologies cleared a key listing hurdle in Shanghai.