Tag: CXMT Corp
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China’s CXMT sees shares drop over 6% as investors look past chipmaker’s profit turnaround
CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.
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Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market
U.S. and Russia are competing to assert dominance in the world’s third largest energy market.
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Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge
Rising memory chip costs are reshaping the world’s second-largest smartphone market as Chinese brands become expensive, improving the value proposition for Samsung and Apple.
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CXMT’s blockbuster debut in Shanghai sets stage for next test against global memory giants
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu CXMT’s stellar IPO debut in Shanghai won’t necessarily change the outlook for the global memory market. CXMT will expand to
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China’s reported chip breakthrough comes with some big caveats
China is reportedly producing a key chip tool in a market dominated by ASML. But analysts questioned China’s ability to compete with the Dutch giant.
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CNBC’s The China Connection newsletter: A U.S.-China debate that’s becoming bigger than tariffs
The AI race is heating up so fast this summer that it’s reshaping national priorities in the U.S. and China.
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China memory chipmaker CXMT skyrockets 470% in blockbuster Shanghai debut
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
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