Business & Finance
CXMT’s $1 Trillion Target Gap Flags High Stakes in Chip Battle
Key Points
CXMT’s $1 Trillion Target Gap Flags High Stakes in Chip Battle Analyst opinions are more polarized on CXMT Corp. than any other stock in Asia, delineating the key arguments driving volatility in the memory-chip stock trade. In just a week since shares in the Chinese chipmaker were listed, the divide in price targets already ranks among the widest in the region. If you believe the most bullish analyst, CXMT will be worth $1.1 trillion in the next 12 months.
CXMT’s $1 Trillion Target Gap Flags High Stakes in Chip Battle
Analyst opinions are more polarized on CXMT Corp. than any other stock in Asia, delineating the key arguments driving volatility in the memory-chip stock trade.
In just a week since shares in the Chinese chipmaker were listed, the divide in price targets already ranks among the widest in the region. If you believe the most bullish analyst, CXMT will be worth $1.1 trillion in the next 12 months. Listen to the bear and its valuation will be around $160 billion.