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CXMT Debuts With $8.6 Billion IPO As Its DRAM Surge Chips Away At Samsung’s Market Dominance By 2028

A large, modern building with reflective glass and the 'GSMT' logo on the upper left corner.

CXMT is all set to tackle the “Big Three” in a significant way in the DRAM segment as it accelerates its memory product roadmap. DRAM Demand Turns CXMT Into A Major Memory Player, Gunning The Big Three With An Accelerated Roadmap Yesterday, CXMT made its stock market debut on the Shanghai STAR Board with an $8.6 billion IPO. While the company is valued at around $80-$85 billion, which puts it far below the $1.0 trillion that its competitors are valued at, the company is all set to tackle the “Big Three” big time with a roadmap that includes various products […]

Read full article at https://wccftech.com/cxmt-debuts-8-6-billion-ipo-as-dram-surge-chips-away-at-samsungs-dominance-by-2028/