Asian tech stocks experienced a decline, led by companies like Samsung and Alibaba, amidst a focus on AI spending and Nvidia's price hike. This market movement reflects investor concerns and shifts in the technology sector.
Chinese chipmaker YMTC has filed for a $4.6 billion initial public offering on the STAR market, following a record debut by fellow Chinese chipmaker CXMT.
China's YMTC has reportedly become the world's third-largest flash-memory supplier, capturing a 14% market share, following reports of CXMT becoming China's most valuable company.
Yangtze Memory Technologies Corp (YMTC) has achieved a significant milestone by breaking into the world's top three NAND flash memory suppliers by volume for the first time, advancing China's semiconductor ambitions.
Apple is lobbying the Trump administration to use memory chips from China's CXMT and YMTC in products sold outside the US, while Micron CEO Sanjay Mehrotra pushes to block the move.
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.
SpaceX is reportedly preparing for the largest initial public offering (IPO) in history, with filings revealing details about its valuation and future ambitions. Elon Musk is set to retain significant control over the company, holding a majority of voting rights even after the public listing.
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.
Chinese chipmaker YMTC is reportedly planning to build new factories, a move that comes amid heightened trade tensions between the United States and China. This expansion signals the company's intent to grow despite the challenging geopolitical landscape.
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.
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.
China's Yangtze Memory Technologies Corp (YMTC) has surpassed Kioxia and Micron in global NAND flash memory shipments. This indicates a significant shift in the competitive landscape of the memory chip market.
A venture capital fund supported by China's top NAND flash memory producer, YMTC, has invested in domestic semiconductor manufacturer SOI Micro, bolstering the country's efforts for an alternative chipmaking approach.
Chinese memory chip manufacturers CXMT and YMTC are capitalizing on the artificial intelligence boom, raising prices for clients and preparing for stock market debuts.
Yangtze Memory Technologies Corporation (YMTC), China's largest NAND flash memory maker, has seen its global market share surge to 13%, now tying with Sandisk in sales.
Chinese chipmaker Yangtze Memory Technologies Co (YMTC) is reportedly seeking a listing on the Shanghai stock exchange. The move indicates the company's plans for a significant public offering to raise capital.
China's Yangtze Memory Technologies Co (YMTC) has officially filed for an Initial Public Offering (IPO) on the STAR Market, signaling a significant move for the semiconductor manufacturer.
China's Yangtze Memory Technologies Co. is rapidly catching up to top NAND flash memory makers by scaling production and advancing into higher-layer chips, prompting Korean chipmakers to move into more advanced markets.
Fast fashion retailer Shein is preparing for an initial public offering on the Hong Kong Stock Exchange, with an estimated valuation of $27 billion. This IPO comes after a significant decrease in the company's value from its peak.
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.
China's Yangtze Memory Technologies Co. has reportedly surpassed Japan's Kioxia Holdings Corp. for the first time in flash memory shipments during the June quarter, benefiting from AI-driven shortages.
A bipartisan group of US senators, led by Chuck Schumer and Jim Banks, has written to Apple CEO Tim Cook, demanding the company abandon plans to purchase memory chips from Chinese suppliers CXMT and YMTC by an August 21 deadline.
Apple is reportedly testing RAM from Chinese companies CXMT and YMTC for use in its iPhones. This move comes despite potential challenges and restrictions on using Chinese memory technology.
Yangtze Memory Technologies Co (YMTC), a leading Chinese 3D NAND flash memory manufacturer, has begun the tutoring process for an initial public offering as China aims for semiconductor self-reliance.
Yangtze Memory Technologies Co (YMTC), China's leading flash-memory chipmaker, has commenced pre-IPO coaching with an investment bank, signaling a potential public listing.