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CXMT (Chinese Microelectronics Technology) targets $8.6 billion IPO to challenge SK Hynix, Micron memory duopoly with third-party foundry model.
New entrant memory manufacturer threatens two-player pricing discipline; China contests US-Korea DRAM/HBM oligopoly; supply curve flattening in 2028+.
Trade pressSlicast · July 20, 2026 · US · Source: finance.biggo.com
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