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Chipmaker Courted By Apple Soars On Market Debut—Briefly Becomes China’s Most Valuable Company

Posted on July 27, 2026
By Forbes
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1 min read

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Chipmaker Courted By Apple Soars On Market Debut—Briefly Becomes China’s Most Valuable Company

CXMT is China’s biggest memory chipmaker and its debut comes amid an AI-driven demand boom that has boosted the stock price of its rivals Micron, Samsung and SK Hynix.