Chinese chipmaker Changxin Technology Group (CXMT) saw its shares surge about 470% on their debut at Shanghai's STAR Market after raising $8.6 billion in its IPO. The Hefei-based company holds a 7.67% share of the global DRAM market as of 2025 and plans to use the IPO funds mainly for mass production of memory wafers and R&D to enhance its technology. CXMT reported a strong turnaround with a 35.43 billion yuan operating profit in Q1 2026, driven by rising global demand for computing power. The listing gains attention amid reports that Apple is testing CXMT's DRAM chips for devices sold in China, challenging dominant players like Samsung, SK Hynix, and Micron.
Silvaco and NVIDIA have teamed up to enhance semiconductor design and manufacturing by integrating NVIDIA's AI and accelerated computing with Silvaco's physics-based simulation technology. This collaboration aims to create high-fidelity digital twins...
Dr. Dajun Yang, Chairman and CEO of Ascentage Pharma, was ranked No. 3 on The Medicine Maker Power List 2026 in the Small Molecules category, recognizing his leadership in oncology drug development. Under his guidance, Ascentage Pharma has advanced i...
BYD, a leading new energy vehicle manufacturer, has partnered with Smart, Australia's top salary packaging and novated leasing provider, to make electric vehicles (EVs) more accessible and affordable for Australians. This partnership allows eligible ...
Circle's shares have fluctuated between $60 and $75 as the company gained OCC approval to establish Circle National Trust, enhancing its regulatory status and digital-asset banking capabilities. This regulatory milestone strengthens Circle's position...
Business Development Companies (BDCs) outperformed the broader income market despite some negative sentiment. Key highlights include BXSL's surge in share lending rates to 12.2%, indicating increased short interest and extra income opportunities for ...
