NuAxiSemiconductor trade intelligence

Chinese Memory Giant CXMT Goes Public, Stock Already Up 466%

What happened

CXMT debuted on the STAR market with a 465.82% surge on the first day, driven by a 700% YoY revenue increase and 70% operating margins in Q1 2026. The stock's valuation has surpassed $513 billion, reflecting extreme optimism regarding DRAM demand and capacity expansion. Bullish signal indicating strong market sentiment and demand for domestic memory solutions.

Impact and signal

High impactImpact score: 98/100

Affected components and suppliers

DRAM

CXMTLongxiang Storage

IPOvaluationDRAMmarket_sentiment

Source and time

Source: TechPowerUp · 7/27/2026 · View original source

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Chinese Memory Giant CXMT Goes Public, Stock Already Up 466%

What happened

Impact and signal

Affected components and suppliers

Source and time

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