YMTC parent advances IPO as NAND share hits 14% and AI storage scales

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YMTC parent advances IPO as NAND share hits 14% and AI storage scales

Yangtze Memory Technologies Holding, the parent of Chinese NAND flash maker YMTC, has completed a key stage of its pre-IPO process just as the memory maker gains global market share, expands enterprise storage products and prepares another round of capacity growth.

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