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Chipmaker Courted By Apple Soars On Market Debut—Briefly Becomes China’s Most Valuable Company
Posted
July 27, 2026
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2:12Now PlayingCXMT—whose memory chips have been sought by Apple—made a blockbuster trading debut on Monday and briefly became the most valuable publicly listed company in mainland China, mirroring surges in the stock price of other major memory chipmakers like Samsung, SK Hynix and Micron amid an AI-driven boom in demand.
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