A Chinese chip maker’s shares surged 466% in their first day of trading as AI boom worm turns
- Posted on July 27, 2026
- By Fortune
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- 1 min read
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A Chinese chip maker’s shares surged 466% in their first day of trading as AI boom worm turns
CXMT shares rocketed on their debut, becoming mainland China's most valuable listed company — as Washington debates banning it outright
