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Chipmaker CXMT becomes most valuable China-listed company
CNBC Television· 2026-07-27 14:30
CXMT shares popped by 500% to making it the most valuable company to list in mainland China. This is not a household name. It is though the biggest chip maker in chi in China that focuses on memory chips.It raised 8.6% billion dollars to massproduce memory wafers and it currently holds an 8% share of the DRAM market globally. It's been focused on uh trying to expand into DDR. So these are more advanced chips and also to um aim to build up its efforts in HBM or high bandwidth memory chips that are used in da ...