AI IntelligenceMay 20, 2026Secondary Market
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Chinese DRAM maker ChangXin Memory Technologies (长鑫科技) updated its prospectus for a planned Shanghai IPO. The company reported Q1 2026 revenue of RMB 508 billion (~$70B) and net profit of RMB 247.6 billion, marking a historic turnaround after years of heavy losses.
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Chinese DRAM maker ChangXin Memory Technologies (长鑫科技) updated its prospectus for a planned Shanghai IPO. The company reported Q1 2026 revenue of RMB 508 billion (~$70B) and net profit of RMB 247.6 billion, marking a historic turnaround after years of heavy losses.
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