YMTC Parent Targets 33 Billion Yuan IPO in Shanghai

CCSH Corporation seeks to raise 4.9 billion dollars in a Shanghai listing. The chipmaker parent benefits from surging AI demand for memory chips.

Xurve View
Insights:
YMTC (Yangtze Memory Technologies) logo and a computer motherboard are seen in this illustration taken April 14, 2026. REUTERS/Dado Ruvic/Illustration

CCSH Corporation, the parent of Yangtze Memory Technologies Co, applied for a Shanghai STAR Market listing to raise $4.9B. The float targets a valuation between $41B and $49B amid surging AI demand.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.