Chinese memory chip startup Changxin Xinqiao raised ~$5.4B, including ~$2B from Big Fund; founded in 2021, the firm shares a GM with China's leading DRAM maker (Bloomberg)

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Bloomberg:

Chinese memory chip startup Changxin Xinqiao raised ~$5.4B, including ~$2B from Big Fund; founded in 2021, the firm shares a GM with China’s leading DRAM maker  —  – State-backed Big Fund restarts major investments after probe  — Beijing aims to achieve breakthroughs in chip technologies





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