CXMT IPO: China's $40B Memory Chip Gamble
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Marți
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China's memory chip champion, CXMT, is gearing up for a massive $40 billion IPO in Shanghai, aiming to challenge global giants in the DRAM market. Fueled by surging demand for AI chips and U.S. restrictions, this IPO could supercharge China's semiconductor ambitions and reshape the global tech landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
