ChangXin Memory Technologies

Changxin Memory Technologies (CXMT) is a Chinese memory chip manufacturer and a major supplier of DRAM products. It is a state-backed company that has become China's most valuable listed company following its record-breaking IPO on the Shanghai Stock Exchange.

Why it’s in the news: It is in the news due to its massively oversubscribed and record-setting initial public offering that valued the company at US$85 billion.

Latest on ChangXin Memory Technologies

• Chinese memory giant CXMT oversubscribed 212 times in mega Shanghai IPO ↗
• China memory-chip maker CXMT set for mega IPO ↗
• China memory giant CXMT valued at US$85 billion in record Shanghai IPO ↗
• Meet CXMT’s Zhu Yiming: the engineer building China’s answer to global memory-chip giants ↗
• plans to launch a new server-memory product based on the structure by the end of 2026
• pursued by Samsung Electronics and SK Hynix
• CXMT recently surpassed Tencent to become China's most valuable listed company.
• The designation blocks CXMT from US defense contracts but does not restrict its commercial sales.
• Changxin Memory Technologies (CXMT), the world's fourth-largest DRAM maker, filed a lawsuit against the US Department of Defense in Washington to remove itself from a list designating it as a Chinese military company.
• Chinese state entities have invested in major tech companies including DeepSeek, Zhipu AI, Unitree Robotics, and ChangXin Memory Technologies (CXMT)
• Wikidata: ChangXin Memory Technologies — located in — People's Republic of China
• Wikidata: ChangXin Memory Technologies — operates in — semiconductor industry

Connections

12 entities linked to ChangXin Memory Technologies across the news graph.