Chinese chipmaker CXMT soars more than 500% on debut

Source: The Times of India· AFP· July 27, 2026
Chinese chipmaker CXMT soars more than 500% on debut

China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday, underscoring the impact of AI-driven demand on the semiconductor sector. The firm's shares rocketed more than 500 perc…

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