YMTC bhi 4F² DRAM race mein entry kar raha hai. Target: 9,600 MT/s LPDDR5 with Vertical Channel Transistor (VCT). Xtacking bonding tech NAND se DRAM pe extend kar rahe hain + longer-term 3D DRAM roadmap. China ke memory players (CXMT + YMTC) density architecture pe aggressive ho rahe hain. #DRAM# #YMTC# #Semiconductors# #4F2#

YMTC’s STAR Market IPO application has been formally accepted by the Shanghai Stock Exchange. The Chinese NAND leader plans to raise RMB 33 billion (about $4.9 billion) by issuing 1.98 to 2.43 billion shares. Roughly RMB 20.8 billion will go toward mass-production line upgrades and RMB 12.2 billion toward R&D. YMTC ranked third globally in NAND shipments with about a 14% share in the second quarter. The listing follows CXMT’s recent DRAM IPO and marks another concrete step in China’s push for semiconductor self-reliance as AI demand for memory keeps rising. A potential listing is targeted for the first half of 2027.

YMTC FILES FOR $4.9B SHANGHAI IPO Chinese NAND flash giant YMTC, a rival to SanDisk $SNDK, plans to raise $4.9B after its listing application was accepted by the Shanghai Stock Exchange. The IPO is set for Shanghai’s STAR Market and would rank among the market’s largest-ever offerings, following fellow Chinese memory maker CXMT’s $9.9B listing.

YMTC STAR Market IPO review officially accepted • According to the Shanghai Stock Exchange, the review status for YMTC’s proposed IPO and listing on the STAR Market has been updated to “Accepted (已受理).” • Planned issuance: 1.98–2.43 billion shares • Fundraising target: RMB 33.0 billion RMB 20.8 billion for upgrading and expanding mass-production lines RMB 12.2 billion for R&D

See the growth of YMTC & CXMT over the past 2 yrs. YMTC grew from 4% to 14% CXMT grew from 3% to 10% I'm curious what "others" in DRAM list is. Fujian Jinhua & Swaysure are likely to be increasing sales in recent quarters.

China’s YMTC expects the global memory shortage to last at least another three years, according to an anonymous employee quoted by The Wire China. The company has already raised NAND prices and shifted capacity toward higher-margin chips. That view undercuts forecasts calling for oversupply by the end of next year. Even a major Chinese producer, operating under export controls and capacity limits, is signaling sustained tightness rather than a quick return to excess supply. If YMTC is right, pricing power and allocation pressure in NAND could persist well into 2029. Models assuming a rapid rebalance may be underestimating both demand and the difficulty of adding meaningful new capacity.

Exclusive: China’s YMTC aims to overtake Samsung & SK Hynix in flash memory race * Internal meetings set target to take global #1# Nand spot by as early as end of 2027 * IPO will most likely price low at Rmb200-300B while >Rmb1T post valuation is expected