The Latest Breaking News from CXMT

Memory chipmaker CXMT sees shares surge 466%, becomes one of China's most valuable listed companies right below Tencent

'It's hard to say the optimism is sustainable.'

PC Gamer · Jul 27

Stocks Set to Open Sharply Higher as Oil Prices Sink, Big Tech Earnings and Fed Meeting in Focus

September S&P 500 E-Mini futures (ESU26) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.59% this morning, pointing to a sharply higher open on Wall Street as a slump in oil prices boosted investor sentiment at the start of a busy week.

Barchart · Jul 27

China memory chipmaker CXMT's shares soar in blockbuster listing

Shares of CXMT, China's largest memory chipmaker, soared on Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years.

Euronews · Jul 27

Global Market: CXMT shares soar 470% in Shanghai debut, becomes China's most valuable listed company

CXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker's stock price increased by as much as 470%. This surge briefly made CXMT China's most valuable listed company. The blockbuster listing offers investors a test of appetite for the semiconductor sector. CXMT raised over $8 billion through…

The Economic Times · Jul 27

Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai 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 percent by mid-morning, taking its market capitalisation to 3.5 trillion yuan…

The Economic Times · Jul 27

China memory chipmaker CXMT set for Shanghai debut after Asia's biggest IPO

At the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, making it one of China's largest listed semiconductor companies. The company's IPO is the biggest mainland Chinese semiconductor offering on record, surpassing SMIC's $7.5 billion Shanghai share sale…

The Economic Times · Jul 27

Memory frenzy fuels CXMT's historic debut

CXMT Corp's Shanghai debut is anticipated to be historic after a near-record IPO. The company is poised to become China's largest listed firm on its first trading day. This significant offering taps into global demand for memory chips and AI development. CXMT is China's best hope for reducing foreign supplier…

The Economic Times · Jul 27

Chinese CXMT DRAM doesn't look like the budget savior many were expecting — new modules enter the market, but prices still track the big three

Chinese retail listings indicate that CXMT-based memory modules are priced similarly to those featuring chips from the big three, despite expectations that they must be cheaper.

Tom’s Hardware · Jul 26

The fourth biggest memory manufacturer could break into America soon, and chances are you've never heard of it

DRAM-ing up support.

PC Gamer · Jul 24

Gigabyte announces support for Chinese-made CXMT memory — pushes it to 8200 MT/s on Socket AM5

The performance is impressive and it's good to see official support, but the question remains whether you can actually buy any of it.

Tom’s Hardware · Jul 24