China’s leading DRAM producer, ChangXin Memory Technologies (CXMT), has entered the initial public offering phase as it targets a rapid increase in global market share, aiming to surpass the 4% threshold in the near term, according to its IPO prospectus and market estimates. The move comes as the company accelerates capacity expansion and technology upgrades to close the gap with industry leaders Samsung Electronics, SK Hynix, and Micron Technology in a market dominated by a handful of suppliers.

The Vietnamese government is urging Intel to further grow its semiconductor packaging and testing capabilities in the country, seeking to strengthen the nation’s role in the global chip supply chain.

The biggest recent news in AI chip development is Nvidia’s non-exclusive technology licensing agreement with Groq. Nvidia invested US$20 billion to acquire Groq’s technology license and onboard its core engineering team.