TECH

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

The Verge · Mon, 27 Jul 2026 14:27:16 GMT

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

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