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MU $ SNDK TSM - China memory chipmaker CXMT skyrockets 470% in Shanghai debut - CXMT held a 7.67% share of the global DRAM market in 2025, a

MU $ SNDK TSM - China memory chipmaker CXMT skyrockets 470% in Shanghai debut - CXMT held a 7.67% share of the global DRAM market in 2025, according to its IPO prospectus. -The Hefei-based company had raised 57.92B yuan ($8.6B) in its IPO. - The company plans to use the IPO proceeds mainly for mass-producing memory wafers.CNBC

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03:10:02 AM UTC
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China memory chipmaker CXMT skyrockets 470% in blockbuster Shanghai debut

MU $ SNDK TSM - China memory chipmaker CXMT skyrockets 470% in Shanghai debut - CXMT held a 7.67% share of the global DRAM market in 2025, according to its IPO prospectus. -The Hefei-based company had raised 57.92B yuan ($8.6B) in its IPO. - The company plans to use the IPO proceeds mainly for mass-producing memory wafers.CNBC