EUR/USD 1.1676 ▼ 0.00%GBP/USD 1.3644 ▼ 0.01%USD/JPY 158.9854 ▲ 0.00%USD/CHF 0.8011 ▼ 0.03%EUR/CHF 0.9353 ▼ 0.04%BTC/USD 77,470.79 ▼ 1.11%ETH/USD 2,435.06 ▼ 3.23%SOL/USD 93.72 ▲ 0.00%XAU/USD 4,608.11 ▲ 0.09%EUR/USD 1.1676 ▼ 0.00%GBP/USD 1.3644 ▼ 0.01%USD/JPY 158.9854 ▲ 0.00%USD/CHF 0.8011 ▼ 0.03%EUR/CHF 0.9353 ▼ 0.04%BTC/USD 77,470.79 ▼ 1.11%ETH/USD 2,435.06 ▼ 3.23%SOL/USD 93.72 ▲ 0.00%XAU/USD 4,608.11 ▲ 0.09%
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China chipmaker YMTC files for $4.9 billion IPO

YMTC, a major Chinese semiconductor manufacturer, has submitted preliminary filings for a public offering.

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Priya Anand · Equities & Earnings Desk · 21 Aug 2026 · 16:10 · 1 min read
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China chipmaker YMTC files for $4.9 billion IPO

China-based Yangtze Memory Technologies Corp. (YMTC) has filed for an initial public offering valued at $4.9 billion. The chipmaker’s filing provides no further operational or procedural details.

Further verified specifics about the offering structure or timeline were not immediately available.

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This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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Market Snapshot

Delayed
EUR/USD1.1676▼ 0.00%GBP/USD1.3644▼ 0.01%USD/CHF0.8011▼ 0.03%BTC/USD77,470.79▼ 1.11%ETH/USD2,435.06▼ 3.23%XAU/USD4,608.11▲ 0.09%

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