Economic TimesLean R·
Memory frenzy fuels CXMT's historic debut
CXMT Corp's Shanghai debut is anticipated to be historic after a near-record IPO. The company is poised to become China's largest listed firm on its first trading day. This significant offering taps into global demand for memory chips and AI development. CXMT is China's best hope for reducing foreign supplier dependence in critical chip areas. The retail portion of the IPO saw overwhelming investor interest and oversubscription.
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