Chinese Chipmaker CXMT Aims for $9.8 Billion IPO on STAR Board

WHO:

Techmeme - Chinese chipmaker CXMT Corp., formally known as ChangXin Memory Technologies Inc.

WHAT:

Techmeme - CXMT seeks to raise approximately $9.8 billion in an initial public offering (IPO).

Bloomberg Markets - The IPO is set to take place on Shanghai's STAR Board, which is known for its focus on technology companies.

WHERE:

Techmeme - The IPO will be conducted on Shanghai's chip-heavy STAR Board.

WHEN:

Techmeme - The specific date for the IPO has not been disclosed in the articles.

WHY:

Bloomberg Markets - The IPO aims to raise significant capital for CXMT, reflecting the company's growth ambitions in the semiconductor industry.

HOW:

Techmeme - The company has unveiled the terms of its IPO as part of the process to attract investors.

(UPDATED July 14, 2026 15:24 UTC)

Chinese chipmaker CXMT Corp., also known as ChangXin Memory Technologies Inc., is planning to raise approximately $9.8 billion in an initial public offering on Shanghai's STAR Board, which focuses on technology companies. The specific date for this IPO has not yet been disclosed, but the move aims to secure significant capital to support CXMT's growth ambitions in the semiconductor industry. As part of the process to attract investors, the company has unveiled the terms of its IPO.