EPISODE · Jul 27, 2026 · 1 MIN
CXMT Shocks Markets With 466% Surge | Tech News
from Tech News Today | 2 Min News | The Daily News Now!
ChangXin Memory Technologies just exploded onto the Shanghai stock exchange with a 466% surge on day one, catapulting its valuation over $480 billion and making it the biggest company on the exchange. As global memory chip shortages persist and AI fuels demand, CXMT is stepping into the spotlight — even though it’s still a generation behind giants like Samsung and Micron. Apple reportedly sought U.S. government approval to source chips from CXMT, despite Pentagon blacklisting, while major PC makers like Gigabyte, Dell, HP, Lenovo, and Asus are already testing or evaluating their products. With an 8% global RAM market share by mid-2026, CXMT is proving to be a major disruptor in the chip industry. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/61b70fe3590f8747
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CXMT Shocks Markets With 466% Surge | Tech News
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