Chinese Memory-Chipmaker YMTC Parent Files for $4.9 Billion IPO
The parent company of Chinese memory-chipmaker Yangtze Memory Technologies Co. (YMTC) has filed for an initial public offering (IPO) aiming to raise $4.9 billion.
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Apple Seeks US Approval to Buy Chips from Blacklisted Chinese Company
Apple is reportedly seeking permission from the White House to purchase memory chips from Yangtze Memory Technologies Co. (YMTC), a Chinese company that has been placed on a US government blacklist. This move comes as Apple aims to diversify its supply chain for iPhone components.
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Chinese Chipmaker YMTC Seeks $4.9 Billion in Shanghai IPO
Yangtze Memory Technologies Co. (YMTC), a Chinese flash-memory chipmaker, is planning to raise $4.9 billion through an initial public offering (IPO) in Shanghai. The move comes amidst a boom in the AI memory market.
Yangtze Memory Technologies Nears Listing with Trillion-Yuan Valuation
Yangtze Memory Technologies Co. (YMTC), a major Chinese chipmaker, is reportedly moving closer to a public listing, with expectations of reaching a trillion-yuan valuation.
YMTC Nears Initial Public Offering in China
Yangtze Memory Technologies Co. (YMTC) is reportedly moving closer to launching an initial public offering in China, following the precedent set by its rival CXMT Corp.'s recent share sale.