Parent of China’s CXMT to Invest $2.4 Billion in New Chip Plant

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The controlling firm of China’s top chipmaker ChangXin Memory Technologies Inc. will invest no less than 17.1 billion yuan ($2.4 billion) in an advanced packaging plant in Shanghai that could be used to make AI memory.

Parent of China’s CXMT to Invest $2.4 Billion in New Chip PlantAsian Stocks to Gain, Treasuries Rally Into US PCE: Markets WrapBohai Leasing in Talks for at Least $1 Billion Private LoanAmazon Delays Launch of Project Kuiper Broadband SatellitesAt $2,000 A Night, London's Best New Hotel Is Actually a ValueSam Altman-Backed Rain AI Hires Apple Chip Vet to Lead HardwareSoftBank Raises $1.

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