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CXMT on Pulse

Semiconductors

The full thread of our CXMT coverage — a running record of every development we've tracked, with the VC take on each.

3
Stories
2
With a headline figure
Jul 19, 2026
Since

Coverage Timeline

newest first
  1. Jul 24, 2026IPOThe Case For a Chinese AI IPO Wave Riding CXMT's Momentum→
  2. Jul 24, 2026IPOChina's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO$8.6B IPO→
  3. Jul 19, 2026IPOCXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand$8.6B IPO / ~$87B cap→

All Coverage

IPO· Jul 24, 2026

The Case For a Chinese AI IPO Wave Riding CXMT's Momentum

Illustration for: The Case For a Chinese AI IPO Wave Riding CXMT's Momentum
IPO

The Case For a Chinese AI IPO Wave Riding CXMT's Momentum

Value Add Pulse analysis: CXMT's $8.6 billion Shanghai debut and the Moonshot/DeepSeek open-model rush suggest Chinese AI and semiconductor companies are finding a public-market window U.S. peers currently lack.

Jul 24, 2026
IPO· Jul 24, 2026

China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO

Illustration for: China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO
IPO$8.6B IPO

China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO

CXMT, China's largest memory chipmaker, is set to list July 27 on Shanghai's STAR Market in Asia's biggest IPO of 2026 so far, raising $8.6 billion and stoking fears it could drain cash from Chinese equities.

Jul 24, 2026
IPO· Jul 19, 2026

CXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand

Illustration for: CXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand
IPO$8.6B IPO / ~$87B cap

CXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand

China's largest DRAM maker CXMT priced an $8.6 billion Shanghai STAR Market IPO -- Asia's biggest listing of 2026 -- with institutional demand of roughly 500 times the shares on offer, though oversubscription ran lower than recent Chinese tech IPOs amid a.

Jul 19, 2026
@Trace_Cohen·t@nyvp.com