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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.

21 Aug, 07:51 — 21 Aug, 17:32
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