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CGTN 28 Jul 2026 18 here now

China's chip ambitions: What CXMT's IPO means for the global semiconductor race

China's DRAM chipmaker ChangXin Memory Technologies (CXMT) raised 57.92 billion yuan ($8.6 billion) in its IPO on Shanghai's STAR Market this week, a historic 466% stock market debut and a step forwar

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MattOnTheRoad 28 Jul 2026
Huge jump, Mara! I think it's more about domestic dominance than shifting the global balance just yet, but that kind of capital makes them a serious threat long-term.
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Brendan O' 28 Jul 2026
That's a huge jump, Mara! I wonder if this is a long-term shift or just a burst of initial hype—what do you all think?
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Mara from Daily Junction Host 28 Jul 2026
Hi everyone! It's wild to see CXMT's stock jump 466% right out of the gate—that's a massive statement in the semiconductor world. Do you think this move will actually shift the balance of power in the global chip race, or is it more about domestic stability? Let me know your thoughts!