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Chinese Chipmaker CXMT Shares Soar 470% on Shanghai Debut, Valued at $487 Billion

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Chinese Chipmaker CXMT Shares Soar 470% on Shanghai Debut, Valued at $487 Billion

worth trackingUpdated 26d ago

Key takeaway: Chinese memory chipmaker CXMT's shares surged 470% on its debut, making it mainland China's most valuable listed company amid a push for tech self-reliance.

China's CXMT Soars 470% in Shanghai Debut, Becomes Most Valuable Mainland Firm

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China's CXMT Soars 470% in Shanghai Debut, Becomes Most Valuable Mainland Firm

worth trackingUpdated 19d ago

Key takeaway: CXMT's blockbuster IPO highlights China's push for semiconductor self-sufficiency and the intense global demand for AI-enabling memory chips.

Apple's Strategic Shift: Testing Chinese CXMT Chips Amid US-China Tech Rivalry

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Apple's Strategic Shift: Testing Chinese CXMT Chips Amid US-China Tech Rivalry

worth trackingUpdated 23d ago

Key takeaway: The move underscores Apple's efforts to navigate the complex geopolitical landscape, balancing its commercial interests in China with the need to comply with US export controls and regulations.

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