China’s third-largest NAND flash chipmaker filed for a 33-billion-yuan IPO on Shanghai’s STAR Market on August 21, positioning itself to capitalise on surging AI data-centre memory demand despite US export restrictions.
Tag: IPO
Posted inTech
Unitree Robotics Surges 460% in Shanghai Debut After $904 Million IPO
Chinese humanoid robot maker Unitree Robotics soared 460% in its Shanghai STAR Market debut on August 19, valuing the company at roughly $50 billion after a record-breaking IPO.
Posted inMarkets
Anthropic Eyes $2 Trillion October IPO That Would Eclipse SpaceX as Largest Ever
Six Anthropic investors told the FT the AI lab is targeting $2 trillion in its October IPO, which would be the largest public offering in history.
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Westinghouse Files Confidentially for US IPO Amid Nuclear Energy Boom
Westinghouse Electric Company has submitted a confidential draft IPO prospectus to the SEC, joining a wave of nuclear firms tapping public markets as AI data centre power demand reshapes the energy investment landscape.
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Ionic Digital to List on Nasdaq July 28 at $2 Billion in Celsius Rebirth
Ionic Digital, born from Celsius Network’s bankruptcy, lists on Nasdaq on July 28 under IOND at a $2 billion valuation, backed by Oaktree, Citadel and Attestor.
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CXMT Prices Asia’s Largest IPO of 2026 at $8.6 Billion
China’s leading DRAM chipmaker Chang Xin Memory Technologies priced an $8.6 billion Shanghai listing with 212-times investor demand, targeting a debut on July 27 at an $85 billion valuation.
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SK Hynix soars 13% in record $26.5 billion Nasdaq debut, biggest foreign IPO on Wall Street
SK Hynix’s ADRs rose 13% on their first trading day July 10, raising $26.5 billion in the largest-ever foreign listing on Wall Street and cementing the AI memory boom as an investor priority.
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Bending Spoons raises $1.68 billion and surges 40% in Nasdaq debut
The Italian company behind AOL, Vimeo and Evernote priced at $29 and closed its first trading day at $40.50, giving it a market cap of roughly $25 billion on July 1.
Posted inMarkets
OpenAI weighs 2027 IPO delay as Altman holds firm on $1 trillion floor
OpenAI is considering a 2027 IPO delay after Sam Altman rejected any valuation below $1 trillion, sending SoftBank’s market cap down $38 billion on the news.
Posted inMarkets
SK Hynix targets $29 billion Nasdaq listing to fund AI memory expansion
South Korea’s SK Hynix filed to list ADRs on Nasdaq on 10 July, seeking to raise roughly $29 billion in what would rank among the largest US share offerings on record.