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Chinese memory chipmaker changxin memory technologies (cxmt) plans an initial public offer in shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion yuan ($42. The company hopes to raise up to 40 billion yuan ($5.6 billion) to fuel ai chip production. Chinese memory chipmaker changxin memory technologies (cxmt) plans an initial public offering (ipo) in shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion.

Changxin memory technologies (cxmt), china’s leading producer of dynamic random access memory (dram) chips, plans to go public in shanghai as early as the first quarter of 2026, seeking a valuation of up to 300 billion yuan ($42 billion), according to people familiar with the matter. China’s chip stocks have surged 49% this. Changxin memory technologies (cxmt), a chinese memory chipmaker, plans to list on shanghai’s stock exchange in q1 2026 and is targeting a valuation of up to us$42 billion, according to sources.

Cxmt targets up to 300 billion yuan ($42.12 billion) valuation in shanghai ipo

The dram maker is expanding in high bandwidth memory amid us chip curbs

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