A Chinese chip maker’s shares surged 466% in their first day of trading as AI boom worm turns

Source: Fortune· Chan Ho-Him, The Associated Press· July 27, 2026
A Chinese chip maker’s shares surged 466% in their first day of trading as AI boom worm turns

CXMT shares rocketed on their debut, becoming mainland China's most valuable listed company — as Washington debates banning it outright

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