Chinese Memory Chipmaker YMTC Parent Targets $4.9 Billion Shanghai Listing
CCSH Corporation aims to raise at least RMB 33 billion on the Star Market as AI data center demand fuels memory chip growth
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CCSH Corporation aims to raise at least RMB 33 billion on the Star Market as AI data center demand fuels memory chip growth

The flash-memory maker's listing would mark one of the largest offerings on Shanghai's STAR Market, following recent debuts by other state-backed technology champions.

State backing and corporate innovation converge as Beijing accelerates semiconductor self-sufficiency, reshaping Asia's tech supply chain landscape

Yangtze Memory Technologies Holding clears a critical pre-listing milestone while its chipmaking subsidiary expands enterprise storage portfolio and readies new production capacity

Grace Semiconductor posted its first operating profit in five quarters as June revenue hit $717.5 million and gross margin climbed to 16.5%, signaling pricing discipline is finally paying off for mature-node fabs.

Chinese GPU maker narrows losses while riding China's AI infrastructure build-out, positioning itself as a domestic alternative to Nvidia amid export restrictions.