China memory makers' IPO line up: CXMT seeks US$4.2 billion, YMTC prepares filing

Digitimes
By Levi LiJan 5, 2026, 5:00 am222 ptsTop
Strong AI demand has pushed the memory sector into a rare upcycle. China's leading DRAM maker CXMT is advancing an IPO application on the STAR Market, targeting CNY29.5 billion (US$4.21 billion), the second-largest fundraising in STAR Market history. In parallel, supply chain sources say China's NAND flash…

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