China’s CXMT Stock Soars 470% in Start of Trading, Amid A.I. Race
The meteoric rise on its first day of trading catapulted CXMT, China’s leading memory chip maker, to being the most valuable company on the Shanghai stock exchange.

China’s CXMT Stock Soars 470% in Start of Trading, Amid A.I. Race is one of the latest updates being tracked by Novexa News from New York Times Business. The meteoric rise on its first day of trading catapulted CXMT, China’s leading memory chip maker, to being the most valuable company on the Shanghai stock exchange.
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Source: New York Times Business via nytimes.com - https://www.nytimes.com/2026/07/27/business/cxmt-stock-price-ai.html
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