Posture
expanding
Record ~$8.5B STAR-Market IPO (Jul 2026) funding a state-directed domestic-DRAM capacity buildout — China's memory-independence push against Samsung/SK Hynix/Micron.
Sourced figures 1
- The Next Web — CXMT record $85B Shanghai IPO raised $8.5B (57.9B yuan), up to $9.8B w/ overallotment; $85B valuation; largest Chinese-semiconductor mainland listing
the working
Basis
Record ~$8.5B STAR-Market IPO (Jul 2026) funding a state-directed domestic-DRAM capacity buildout — China's memory-independence push against Samsung/SK Hynix/Micron.
Threads 2
A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to CXMT.