Memory frenzy fuels CXMT's historic debut
CXMT debut
Covered by 4 sources
- CNBC Top News·1h agoChina memory chipmaker CXMT skyrockets 470% in Shanghai debut
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
Read at CNBC Top News → - Financial Times·1h agoChinese chipmaker CXMT soars almost 500% in market debut
IPO is biggest in mainland since 2010 and reflects booming demand for AI memory chips
Read at Financial Times → - ET Tech·2h agoChina 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…
Read at ET Tech → - ET Markets·2h agoMemory 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…
Read at ET Markets →
