Chinese chipmaker CXMT soars 500% on debut as AI fuels shortages
myrepublica.nagariknetwork.com · Mon Jul 27 06:16:25 GMT 2026
SHANGHAI, July 27: China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring more than 500 percent on its market debut Monday, underscoring how AI demand is boosting the semiconductor sector.
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