IPO
Key Metrics
Company Snapshot
ChangXin Memory Technologies is a Semiconductors company, based in Hefei, Anhui, China, founded 2016 by Zhu Yiming. Market cap RMB3.28T ($484.6B) (As of Jul 27, 2026, CNBC).
Recent changes
- Jul 27, 2026Jul 27, 2026First reported market cap: RMB3.28T ($484.6B) CNBC
- Jul 22, 2026Jul 22, 2026IPO $8.5B at $85 billion Shanghai Stock Exchange
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jul 22, 2026 | ipo | $8.5B | $85 billion | Pulse story |
Latest Pulse
- Jul 28, 2026China's CXMT Triples To $540B, Erasing Chip Rivals' GainsChangXin Memory Technologies surged more than 500% on its Shanghai STAR Market debut to roughly $540 billion, sending SanDisk down 12%, Micron down 5% and SK Hynix down 6-8% in the same session.→
- Jul 27, 2026China's CXMT Soars 470% in Record $8.6B Shanghai IPOChangXin Memory Technologies debuted on Shanghai's STAR Market Monday, raising roughly $8.6 billion in the largest mainland semiconductor offering on record, before shares surged as much as 531% to make CXMT China's most valuable listed company.→
- Jul 22, 2026China's CXMT Prices Record $8.5B Shanghai Chip IPOChina's DRAM champion ChangXin Memory Technologies priced an $8.5 billion IPO on Shanghai's STAR Market, implying an $85 billion valuation and becoming the venue's second-largest listing ever, with trading set to begin July 27.→
- Jun 28, 2026Apple Lobbies Washington to Buy Memory From Blacklisted China Chipmaker as the AI Memory Crunch BitesApple is reportedly lobbying US agencies for permission to buy DRAM from ChangXin Memory Technologies (CXMT), a Chinese supplier on the US Entity List, as a brutal memory shortage drives up component costs. DRAM prices jumped roughly 98% in Q1 2026 and are projected to climb another 58-63% this quarter, the spillover from every major fab rerouting capacity to the high-bandwidth memory that feeds AI accelerators. Apple has already raised prices on Macs, iPads and home devices.→
Coverage Timeline
newest first- Jul 28, 2026IPOChina's CXMT Triples To $540B, Erasing Chip Rivals' Gains~$540B Market Cap→
- Jul 27, 2026IPOChina's CXMT Soars 470% in Record $8.6B Shanghai IPO~$8.6B raised→
- Jul 22, 2026IPOChina's CXMT Prices Record $8.5B Shanghai Chip IPO~$8.5B raised→
- Jun 28, 2026REGULATIONApple Lobbies Washington to Buy Memory From Blacklisted China Chipmaker as the AI Memory Crunch BitesDRAM +98% in Q1→
All Coverage
IPO~$540B Market Cap
China's CXMT Triples To $540B, Erasing Chip Rivals' Gains
ChangXin Memory Technologies surged more than 500% on its Shanghai STAR Market debut to roughly $540 billion, sending SanDisk down 12%, Micron down 5% and SK Hynix down 6-8% in the same session.
IPO
China's CXMT Soars 470% in Record $8.6B Shanghai IPO
IPO~$8.6B raised
China's CXMT Soars 470% in Record $8.6B Shanghai IPO
ChangXin Memory Technologies debuted on Shanghai's STAR Market Monday, raising roughly $8.6 billion in the largest mainland semiconductor offering on record, before shares surged as much as 531% to make CXMT China's most valuable listed company.
IPO
China's CXMT Prices Record $8.5B Shanghai Chip IPO
IPO~$8.5B raised
China's CXMT Prices Record $8.5B Shanghai Chip IPO
China's DRAM champion ChangXin Memory Technologies priced an $8.5 billion IPO on Shanghai's STAR Market, implying an $85 billion valuation and becoming the venue's second-largest listing ever, with trading set to begin July 27.
REGULATION
Apple Lobbies Washington to Buy Memory From Blacklisted China Chipmaker as the AI Memory Crunch Bites
REGULATIONDRAM +98% in Q1
Apple Lobbies Washington to Buy Memory From Blacklisted China Chipmaker as the AI Memory Crunch Bites
Apple is reportedly lobbying US agencies for permission to buy DRAM from ChangXin Memory Technologies (CXMT), a Chinese supplier on the US Entity List, as a brutal memory shortage drives up component costs. DRAM prices jumped roughly 98% in Q1 2026 and are projected to climb another 58-63% this quarter, the spillover from every major fab rerouting capacity to the high-bandwidth memory that feeds AI accelerators. Apple has already raised prices on Macs, iPads and home devices.
Related Companies
Sources & methodologyshow
Where these figures come from
- Shanghai Stock Exchangeprimary source1 fact
- CNBCmajor outlet1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.