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Chinese chipmaker CXMT soars more than 500% on debut

Philippine Daily Inquirer

TechnologyPhilippine Daily Inquirer·Jul 27, 2026·1 min read

Chinese chipmaker CXMT soars more than 500% on 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 race to build data…

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