# Chinese memory chipmaker CXMT (ChangXin Memory Technologies) skyrockets in Shanghai IPO > Source: > Published: 2026-07-28 12:20:15+00:00 CXMT (ChangXin Memory Technologies) had a splashy IPO on the Shanghai Stock Exchange, increasing 466% in share value. CXMT makes memory chips in the same market as Micron, SK Hynix, and Samsung. AI demand has made memory chips scarce. CXMT (ChangXin Memory Technologies) had a splashy IPO on the Shanghai Stock Exchange, increasing 466% in share value. CXMT makes memory chips in the same market as Micron, SK Hynix, and Samsung. AI demand has made memory chips scarce.