Chip

China's sole scaled DRAM producer hits the STAR Market at a RMB 579 billion (US$80.4 billion) valuation, even as crypto derivatives on Hyperliquid briefly priced the company above Industrial and Commercial Bank of China—a disconnect that lays bare both the geopolitical premium attached to domestic

China's domestic GPU sector is minting paper billionaires faster than it is generating profits — and MetaX Integrated Circuits may be the starkest illustration of that disconnect. Shares of the Shanghai-listed chipmaker briefly breached RMB 1,000 (US$138.9) on July 9, 2026, pushing its market capitalization

Shanghai Enflame Technology received regulatory approval for its initial public offering on the Shanghai Stock Exchange's STAR Market on July 9, with its IPO registration status officially changing to "effective," according to the exchange's website. The listing, sponsored by CITIC Securities, took less than

China's largest domestic DRAM maker launches its most consequential semiconductor IPO of the decade, with a share allocation structure that signals Beijing's intent to treat memory chips as a strategic asset rather than a public investment vehicle. Changxin Memory Technologies, known as CXMT, formally initiated its

DeepSeek, the Hangzhou-based AI lab whose cost-efficient large language models rattled global semiconductor markets earlier this year, is developing a proprietary AI inference chip in a direct bid to reduce structural dependence on both Nvidia and Huawei Technologies, according to three people with knowledge of the matter cited

China's sole advanced DRAM producer is deliberately deprioritizing Apple's supply requests, locking capacity into long-term agreements with domestic tech giants—a strategic reversal that exposes the fragility of Apple's China supply chain ambitions and signals a maturing of Chinese semiconductor suppliers. Apple'