Chinese RAM company CXMT makes a $484 billion stock market debut

ProxyNews newsroom brief · 2h ago · 1 min read · via theverge.com

The China-based memory firm ChangXin Memory Technologies (CXMT) had a massive first day on the Shanghai stock exchange after its shares surged 466 percent, as reported earlier by The Wall Street Journal and CNBC. The stock market frenzy boosted CXMT's valuation to $484 billion, m

The China-based memory firm ChangXin Memory Technologies (CXMT) had a massive first day on the Shanghai stock exchange after its shares surged 466 percent, as reported earlier by The Wall Street Journal and CNBC. The stock market frenzy boosted CXMT's valuation to $484 billion, m This story matters for AI & Agent Economy readers tracking proxy. Reported by theverge.com. Read the full original at the source link below.

Originally reported by theverge.com. ProxyNews curates and briefs the ai & agent economy stories that matter. Our editorial policy →
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