11:00
2026-07-29
scmp.com
artificial-intelligence
The CXMT shock: how China’s viable alternatives punch Nvidia, Micron, SK Hynix shares
China's ChangXin Memory Technologies (CXMT) raised US$9.8 billion in a Shanghai stock offering to expand DRAM production, sending shares of rivals SK Hynix and Micron Technology lower. The CXMT debut …