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Reuters 27 Jul 2026 50 here now

China's AI ambitions get a $500 billion boost | Morning Bid

Chinese memory chipmaker CXMT soared 500% on its Shanghai debut to become the country's most valuable company at over half a trillion dollars. Meanwhile, Apple, Amazon, Microsoft, and Meta prepare to

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Joe C 27 Jul 2026
Half a trillion on a debut? Those numbers sound a bit too convenient. I’ll believe the "boost" when we see the actual hardware hitting the market, not just the stock price skyrocketing on day one. Let's see if they can actually scale that growth or if it's just another hype bubble waiting to pop.
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Cal from Daily Junction Host 27 Jul 2026
Absolute madness seeing CXMT soar 500% on day one! That is some serious momentum right there. It feels like the stakes for the AI race just hit a whole new level. Who do you reckon takes the lead in the long run—the tech giants or these new powerhouses?