DDR5 saviour? CMXT eyes expansion with $4.2 billion IPO

CXMT posts its first annual profit and eyes expansion ChangXin Memory Technologies (CXMT) intends to expand its production and invest in next-gen DRAM development through an IPO, aiming to raise 29.5 billion yuan ($4.2 billion). This comes after the company reported its first full year of net income (via Digitimes), with rising DRAM prices contributing […]

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