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Filing: China's top DRAM maker CXMT plans to raise $4.2B in a Shanghai IPO; CXMT held a 4% global share in Q2 2025 and targets HBM production by the end of 2026 (Reuters)

Reuters : Filing: China's top DRAM maker CXMT plans to raise $4.2B in a Shanghai IPO; CXMT held a 4% global share in Q2 2025 and targ...

21 March 2025

Tencent says it has slowed the pace of its GPU rollout since implementing DeepSeek, and that most of its GPU capex goes toward its ad and gaming businesses (Simon Sharwood/The Register)

Simon Sharwood / The Register:
Tencent says it has slowed the pace of its GPU rollout since implementing DeepSeek, and that most of its GPU capex goes toward its ad and gaming businesses  —  Chinese giant says locals are more efficient than Western hyperscalers, and has tiny capex to prove it

Posted from: this blog via Microsoft Power Automate.

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