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China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai
CXMT, China's largest memory chipmaker, saw its shares surge 472% on its Shanghai IPO, achieving a $487 billion market cap. The company raised $8.6 billion and is pivotal to China's AI development amid U.S. export controls, though it faces supply chain challenges.
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- China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai
- China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai
- China memory chipmaker CXMT’s shares soar in a blockbuster share listing in Shanghai
- China memory chipmaker CXMT skyrockets 470% in Shanghai debut
- China memory giant CXMT valued at US$85 billion in record Shanghai IPO
- CXMT shares rise 472% as DRAM maker becomes largest China-listed firm by total market cap