CXMT to raise $8.5bn in largest Chinese chip IPO

SemiconductorsListing comes as chipmakers accelerate investment amid global semiconductor shortageChangXin Memory Technologies plans an IPO as the global tech industry confronts an unprecedented memory chip shortage caused by demand for AI infrastructure. © ReutersCHENG TING-FANG and LAULY LIJuly 15, 2026 01:34 JSTTAIPEI -- Top Chinese memory chip maker ChangXin Memory Technologies appears set to raise more than $8.54 billion in what would be China's largest semiconductor initial public offering, amid the worldwide crunch for this type of chip.