Apple Turns to China’s CXMT for Memory Chips Amid AI Shortage, Testing U.S. Export Curbs
Companies

Apple Turns to China’s CXMT for Memory Chips Amid AI Shortage, Testing U.S. Export Curbs

Apple is exploring the use of standard memory chips from Chinese manufacturer CXMT in devices sold in China, a move forc...

Declan Byrne 👁 35 💬 0
CXMT Stock Surges Again: What China’s Memory Chip Champion Means for the AI Race
Technology

CXMT Stock Surges Again: What China’s Memory Chip Champion Means for the AI Race

CXMT’s shares jumped nearly 9% in a fifth straight day of gains, pushing its market cap past $520 billion after a record...

Eitan Shapiro 👁 51 💬 0
Hefei’s Economic Boom Rests on a Three-Tier Innovation Chain, Not Just a Top University
Technology

Hefei’s Economic Boom Rests on a Three-Tier Innovation Chain, Not Just a Top University

The city's rise reveals that turning research into industrial might requires patient capital, innovation-friendly market...

Eitan Shapiro 👁 34 💬 0
CXMT's Star Market Debut Smashes Records, Becomes China's Most Valuable Listed Company
Companies

CXMT's Star Market Debut Smashes Records, Becomes China's Most Valuable Listed Company

CXMT raised $8.6 billion and its shares surged 466%, giving it a market cap of CNY3.28 trillion that topped ICBC and bri...

Declan Byrne 👁 58 💬 0
Chinese Chipmaker CXMT Surges 466% on Debut, Briefly Overtakes Tencent as China's Most Valuable Listed Company
Companies

Chinese Chipmaker CXMT Surges 466% on Debut, Briefly Overtakes Tencent as China's Most Valuable Listed Company

ChangXin Memory Technologies (CXMT) saw its shares skyrocket on its first trading day, reaching a market cap near $490 b...

Declan Byrne 👁 41 💬 0
CXMT Surges 466% in IPO, Becoming China’s Most Valuable Company
Companies

CXMT Surges 466% in IPO, Becoming China’s Most Valuable Company

CXMT’s IPO popped 466%, catapulting the Chinese DRAM maker to a $489 billion market cap and making it the country’s most...

Declan Byrne 👁 35 💬 0
CXMT Shares Surge 470% on First Day as China’s Memory Chip Champion Goes Public
Companies

CXMT Shares Surge 470% on First Day as China’s Memory Chip Champion Goes Public

China’s largest DRAM maker raised at least $8.6 billion in the biggest mainland IPO in years on the STAR Market, with AI...

Declan Byrne 👁 56 💬 0
CXMT Surges Over 500% in Shanghai Debut, Surpassing Intel’s Market Cap
Companies

CXMT Surges Over 500% in Shanghai Debut, Surpassing Intel’s Market Cap

Chinese memory chip maker CXMT vaulted to a $530 billion valuation on its first trading day, eclipsing Intel and becomin...

Declan Byrne 👁 33 💬 0
China's CXMT Targets $9.8 Billion IPO as AI Boom Reshapes Memory Chip Market
Companies

China's CXMT Targets $9.8 Billion IPO as AI Boom Reshapes Memory Chip Market

ChangXin Memory Technologies' Shanghai listing could value it above $130 billion, capitalizing on a strategic retreat by...

Declan Byrne 👁 46 💬 0
CXMT Set for Landmark Shanghai Debut After $9.8 Billion IPO
Companies

CXMT Set for Landmark Shanghai Debut After $9.8 Billion IPO

China's memory chip maker CXMT is poised to become the mainland's most valuable listed company after a heavily oversubsc...

Declan Byrne 👁 66 💬 0