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The DRAM Market Just Got a New Giant.
For 20 years, it was Samsung, SK Hynix, Micron. Now meet CXMT — China's fastest-scaling DRAM maker, riding the AI memory supercycle.
Now tradeable on Bybit.
CXMT—whose memory chips have been sought by Apple—made a blockbuster trading debut on Monday and briefly became the most valuable publicly listed company in mainland China.
Read more:
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) surged 465.82 percent to 49 yuan (7.22 USD) on its Shanghai STAR Market debut Monday from its IPO price of 8.66 yuan. It closed with a market capitalization exceeding 3.2 trillion yuan, becoming the largest A-share company by market value. The listing is expected to raise more than 66 billion yuan, the largest IPO in the history of China's sci-tech innovation board. Read more: