ChangXin Memory Technologies (CXMT)
Coverage of ChangXin Memory Technologies (CXMT) in the Nexus archive.
- The True Cost of Cheap Chips
Electronic components, including memory chips known as DRAM, are currently in scarce supply with prices having surged significantly. Due to this scarcity, major companies such as Apple, Dell, and HP are evaluating memory from ChangXin Memory Technologies (CXMT). This situation has heightened geopolitical concerns, as the Pentagon designated CXMT as a Chinese military company.
- Elite company: the listed firms that were China’s most valuable before CXMT
ChangXin Memory Technologies (CXMT) became the most valuable company on mainland China's stock market after its Shanghai trading debut, surging 466% and surpassing a 4 trillion yuan market capitalization. It is the first semiconductor firm to hold this top spot in the market's 35-year history.
- China memory giant CXMT valued at US$85 billion in record Shanghai IPO
ChangXin Memory Technologies (CXMT), China's leading memory chipmaker, raised 57.9 billion yuan (US$8.5 billion) in a Shanghai IPO, marking the largest listing by a Chinese semiconductor company on a mainland bourse. The offering sold nearly 6.7 billion shares at 8.66 yuan (US$1.28) each.
- Why is Chinese DRAM maker CXMT’s IPO attracting so much attention?
ChangXin Memory Technologies (CXMT), China's leading DRAM maker, is preparing for an IPO with dramatically improved financial results. The company reported Q1 revenue of 50.8 billion yuan (up 719% year-over-year) and a net profit of 33.0 billion yuan, reversing prior losses due to global DRAM shortage and rising memory prices.