CXMT's shares soared 466% on its Shanghai Stock Exchange debut, elevating its market value to 3.28 trillion yuan. Amid US sanctions, CXMT faces challenges but also an incentive to strengthen its domestic chip production capabilities, impacting the global DRAM market.
CXMT's shares soared 466% on its Shanghai Stock Exchange debut, elevating its market value to 3.28 trillion yuan. Amid US sanctions, CXMT faces challenges but also an incentive to strengthen its domestic chip production capabilities, impacting the global DRAM market.
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