AI keeps consumer prices high in 'RAMaggedon' chip crunchMemory chip prices are rising significantly due to artificial intelligence demand. This shortage is impacting consumer electronics and pote...
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
Global Market: Zhongji Innolight raises $6.81 billion in Hong Kong listing, Asia’s second-biggest IPO of 2026Chinese optical components maker Zhongji Innolight has priced its Hong Kong share sale at HK$980 per share, raising HK$53.41 billion in the...
South Korea's KOSPI drops 7% as global chipmaker selloff deepensSouth Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising com...
CXMT's 466% listing pop makes it China's most valuable firmCXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's val...
Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
Explainer: Why investors are betting big on China’s chipmaker CXMTChina's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shangha...
Global Market: China stocks rise as CXMT's blockbuster debut lifts market sentimentChinese stocks recovered on Monday after a strong debut by memory chipmaker CXMT Corp. The benchmark CSI300 Index and Shanghai Composite In...
Global Market: CXMT shares soar 470% in Shanghai debut, becomes China's most valuable listed companyCXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker's stock price increased by as much as 470%. This...
China memory chipmaker CXMT set for Shanghai debut after Asia's biggest IPOAt the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, makin...
Memory frenzy fuels CXMT's historic debutCXMT Corp's Shanghai debut is anticipated to be historic after a near-record IPO. The company is poised to become China's largest listed fi...
China's memory chip makers ride AI boom to new power, US scrutinyChinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major C...
Chipmaker CXMT debut spotlights China's state-funded path to tech powerChipmaker CXMT's significant IPO showcases China's state-led funding model for strategic technology. Hefei city investors hold a substantia...
Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investmentChina's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 bi...
China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
Global Market: CXMT's $8.6 billion IPO draws strong demand despite cooling enthusiasm for chip stocksChinese memory chipmaker CXMT Corp's IPO saw oversubscription by institutional investors. This robust demand highlights continued investor ...