Photo by Adi Goldstein on Unsplash
The holding company of ChangXin Memory Technologies (CXMT) is in the process of raising nearly 10.8 billion yuan ($1.5 billion) in a new round of equity financing even as the Chinese memory chipmaker faces potential sanctions by the Biden administration amid China’s intensifying tech rivalry with the US.
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Printed by Unregistered user on Sat, 30 Mar 2024 07:36:18 GMT