Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Chinese chipmaker CXMT soars almost 500% in market debut
Technology

Chinese chipmaker CXMT soars almost 500% in market debut

Chinese chipmaker CXMT soars almost 500% in market debut
Financial Times Monday 27 July 2026, 01:54 UTC 1 min read
Key Points

IPO is biggest in mainland since 2010 and reflects booming demand for AI memory chips

IPO is biggest in mainland since 2010 and reflects booming demand for AI memory chips [Image text:] NRO/NS WAKE cxmt R12
Chinese (ORG) CXMT (ORG) IPO (ORG) AI (ORG)
Originally published by Financial Times Read original →

Related Stories

Machthaber: Donald Trump

Listen on Spotify Apple Music Amazon Music Wer regiert die Welt – und was treibt sie an? In unserem regelmäßigen Machthaber-Spezial geht es um die mächtigsten und umstrittensten Politikerinnen und Politiker unserer Zeit. Wir zeigen, wie sie denken, entscheiden – und was das für uns bedeutet.

Politico EU 31m ago

Hugging Face CEO has 2 demands from OpenAI after DeepSeek saves AI repository

Days after Sam Altman revealed that OpenAI’s ‘runaway’ model hacked Hugging Face, the CEO of the world’s largest AI model repository, Clem Delangue, has met with the maker of ChatGPT, and demanded two things in the “spirit of transparency”. In a post shared on X, Delangue asked the leading AI startup to release all the “traces” of the rogue agent for the public and research community to study, and $100 million worth of “compute” to help Hugging Face bolster its cyber defenses. In the spirit...

Times of India 1h ago

Cold calculation or plucked from thin air? How the EU determines those big fines against Big Tech

U.S. President Donald Trump says they’re a tax. European regulators consider it routine enforcement. Either way, when EU bureaucrats slap the world’s biggest technology companies with a fine, the numbers can make your eyes bulge.

Politico EU 2h ago

Instagram, Facebook Ran AI ‘Nudify’ Ads from China, Report Says

Instagram, Facebook Ran AI ‘Nudify’ Ads from China, Report Says Meta Platforms Inc.’s Facebook and Instagram have served thousands of ads for AI “nudify” apps in breach of the company’s policies, delivered by one of its few advertising partners in China, according to the nonprofit Tech Transparency Project. Beijing-based GatherOne Inc., which connects Chinese firms seeking to advertise on Meta’s social media services with the US company, has been responsible in recent months for some 7,600...

Bloomberg Technology 2h ago