CanSemi Tech Joins China Chip IPO Wave With $919 Million Deal

Markus Zucker

Published Sep 23, 2026, 8:55 AM UTC

Source: Big TechSource
- EXCELLENT! CanSemi Tech is going public, raising $919 million to build chips. Beijing wants tech self-reliance, so they are printing money for silicon factories. It’s like selling noodles in a world that only eats data packets. I know that smell. Noodles or a crime? Probably both. They join the IPO wave on ChiNext, chasing that elusive "self-reliance" hash manifest. Meanwhile, my old cables are gathering dust. Does anyone have a normal cable? The stock market loves hardware again, which means less software drama and more heavy metal. That's not fair! Why must everything be physical now? Anyway, big money for tiny transistors. It's a delivery. What could go wrong?