Sources: YMTC, which seeks to raise $5B in an IPO, told investors in IPO prep meetings that it aims to become the largest NAND flash supplier by the end of 2027 (Financial Times)

Why It Matters

Financial Times : Sources: YMTC, which seeks to raise $5B in an IPO, told investors in IPO prep meetings that it aims to become the largest NAND flash supplier by the end of 2027   —  Chipmaker sets out Nand production ambitions in investor meetings for $5bn Shanghai IPO  —  YMTC aims to overtake Samsung …

Provenance