NuAxiSemiconductor trade intelligence

CXMT tops A-share market cap on IPO debut

What happened

CXMT debuted on the STAR Market with a market cap of CNY 3.6 trillion, surpassing ICBC. This reflects strong investor sentiment towards the Chinese DRAM manufacturer.

Impact and signal

Low impactImpact score: 5/100

Affected components and suppliers

DRAM

ChangXin Memory Technologies

IPOvaluationmarket_cap

Source and time

Source: DigiTimes Asia · 7/27/2026 · View original source

Open the NuAxi live feed →

Real-time pricing, supply signals and AI analysis for semiconductor traders

Chinese Memory Giant CXMT Goes Public, Stock Already Up 466%TechPowerUp · 7/27/2026
CXMT revenue doubles on AI-driven memory boom ahead of major China IPODigiTimes Asia · 3/27/2026
China's top DRAM maker CXMT sues Pentagon over its blacklisting — argues chips are standard civilian JEDEC spec, not defense hardwareTom's Hardware · 8/30/2026
CXMT IPOs at $487bn valuationElectronics Weekly · 7/26/2026
📈 #AI memory upcycle lifts China’s players. Biwin profit +429% YoY in 2025, while #GigaDevice listed in Hong Kong—what trends are emerging across...TrendForce Official (Market Data) · 4/10/2026
Analysis: Unveiling the low-profile engineer building China's CXMT into a DRAM heavyweightDigiTimes Asia · 7/16/2026

CXMT tops A-share market cap on IPO debut

What happened

Impact and signal

Affected components and suppliers

Source and time

Related briefings