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Lee Kuan Yew School of Public Policy

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21:30

2026-08-02

fortune.com

artificial-intelligence

CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’

ChangXin Memory Technologies (CXMT) shares surged over 500% in its Shanghai debut on July 27 and closed at 57.60 yuan ($8.50) on Friday, giving it a market capitalization of 3.54 trillion yuan ($523 b…

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ChangXin Memory Technologies 1 Industrial and Commercial Bank of China 1 Barbora Valockova 1 Jim Banks 1 Chuck Schumer 1 Apple 1 Tim Cook 1

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artificial intelligence 1 ai policy 1 ai chips 1