Tuesday, April 25, 2023

Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai's STAR Market as Beijing battles US curbs (Bloomberg)

Bloomberg:
Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai's STAR Market as Beijing battles US curbs  —  A chip foundry backed by China's top semiconductor firm is set to raise $1.4 billion in Asia's biggest initial public offering so far this year …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...