Chinese chipmaker CXMT soars almost 500% in market debut
Chinese chipmaker CXMT surged nearly 500% on its first day of trading in Shanghai, marking the biggest IPO in mainland China since 2010 and reflecting booming demand for AI memory chips.…
Chinese chipmaker CXMT surged nearly 500% on its first day of trading in Shanghai, marking the biggest IPO in mainland China since 2010 and reflecting booming demand for AI memory chips.…
Shares of ChangXin Memory Technologies (CXMT), China's leading DRAM maker, surged 472% on their Shanghai Star Market debut, giving the company a market capitalization of 3.31 trillion yuan (US$489 bil…
ChangXin Memory Technologies (CXMT) raised 57.9 billion yuan ($8.6 billion) in its Shanghai STAR Market debut on July 27, becoming Asia's largest IPO of 2026 and the biggest listing in STAR Market his…
Chinese tech giant Huawei has partnered with DRAM maker SwaySure and the Chinese government to set up a 12-inch memory production plant in Shenzhen, according to semiconductor analysts on X, in a move…
ChangXin Memory Technologies (CXMT) priced its Shanghai STAR Market IPO at 8.66 yuan per share on July 25, raising roughly $9.8 billion at an $85.2 billion valuation, with trading beginning July 27. T…
Nine AI systems gave widely varying predictions for CXMT (长鑫科技), China's biggest-ever tech IPO, which listed on July 27, 2026, with only 6.73% of shares tradeable on Day 1. The AIs' opening price fore…
DeepSeek founder Liang Wenfeng told investors the Chinese AI startup prioritizes artificial general intelligence over profit and will likely keep its top models open-source, Yicai reported. The compan…
The United States and China are set to hold high-stakes talks on artificial intelligence in September, marking the first official U.S.-China AI dialogue under President Donald Trump, Treasury Secretar…
SK Group Chairman Chey Tae-won called current semiconductor prices 'abnormally high' and warned of 'chipflation' at the Korea Chamber of Commerce and Industry Summer Forum on July 15, urging supply in…
In early July 2026, Chinese AI chip companies Biren Technology and Iluvatar CoreX returned to capital markets, raising $900 million and $902 million respectively through share placements, while AI mod…
SK Hynix's American depositary receipts raised $26.5 billion in the second-biggest share sale in Wall Street history on July 10, but the stock has since swung wildly, with a 13% debut gain followed by…
Chinese President Xi Jinping made his debut at the World AI Conference in Shanghai on Friday, calling for a 'people-centred' and inclusive approach to AI development to prevent 'new historical injusti…
Huawei is building its own DRAM fabrication plants, likely through a joint venture with SwaySure (SWX), according to analysts and media reports. The move aims to address a global DRAM shortage driven …
CXMT's blockbuster initial public offering on Shanghai's Star Market drew frenzied demand from retail investors and DeepSeek founder Liang Wenfeng's fund, with investors hoping for generous allotments…
Senior US lawmakers are pressing the Trump administration to ban Chinese memory chip suppliers ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Co (YMTC), both on the Pentagon's 126…
Global investors shut out of ChangXin Memory Technologies Inc.'s planned $9.8 billion IPO, China's biggest in nearly four years, are turning to proxy trades such as shares of financial intermediaries …
Crypto markets are already offering pre-IPO trading for ChangXin Memory Technologies (CXMT), China's most anticipated AI chip IPO, according to Scott Melker of The Daily Wolf on Yahoo Finance.…
Google DeepMind CEO Demis Hassabis proposed a US-led 'Frontier AI Standardization Body' modeled after FINRA, arguing that AGI is only a few years away and comparing its impact to ten times the Industr…
ChangXin Memory Technologies (CXMT) has raised its IPO target to 66.6 billion yuan ($9.8 billion) for AI chip expansion on Shanghai's STAR Market, nearly doubling its previous goal of 29.5 billion yua…
Samsung Electronics, SK hynix, and Micron Technology are racing to expand production capacity as AI infrastructure demand outstrips supply, with combined industry investment expected to reach about 20…