CNA·3 min read·hard

Chipmaker CXMT vaults to top of China's valuation with 470% Shanghai debut surge

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Chipmaker CXMT vaults to top of China's valuation with 470% Shanghai debut surge
AI Summary

Chinese chipmaker CXMT saw its market value soar by over 500% during its Shanghai stock market debut. The surge reflects strong investor confidence in China's domestic semiconductor industry amid global AI-driven demand.

FILE PHOTO: CXMT logo and computer motherboard are seen in this illustration taken April 14, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

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