Dram
Search documents
How Chipmaker CXMT Grew to Pull Off One of China's Biggest IPOs
Bloomberg Television· 2026-07-27 05:07
ChangXin Memory Technology, or CXMT, one of the crown jewels of China's high tech industry, debuts in Shanghai's Nasdaq style Star Market in what is the second biggest IPO ever in China. Ten years ago, the huffy government made a big bet on the firm when private investors shunned it. Taking on giants like South Korea's Samsung and SK Hynix seemed like a risky bet.Den founder Julian Meng set his sights on standard memory chips called Dram, the silicon essential for computers to process data. After years of l ...