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INSANE: 3 | Vintage Vibes

Stocks Set to Open Sharply Higher as Oil Prices Sink, Big Tech Earnings and Fed Meeting in Focus

September S&P 500 E-Mini futures (ESU26) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.59% this morning, pointing to a sharply higher open on Wall Street as a slump in oil prices boosted investor sentiment at the start of a busy week.

Barchart

China memory chipmaker CXMT's shares soar in blockbuster listing

Shares of CXMT, China's largest memory chipmaker, soared on Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years.

Euronews

Explainer: Why investors are betting big on China’s chipmaker CXMT

China's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shanghai debut. The blockbuster listing, Asia's largest IPO this year, highlights strong investor confidence in China's semiconductor ambitions as Beijing pushes for greater technological self-reliance amid global chip competition.

The Economic Times

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Global Market: China stocks rise as CXMT's blockbuster debut lifts market sentiment

Chinese stocks recovered on Monday after a strong debut by memory chipmaker CXMT Corp. The benchmark CSI300 Index and Shanghai Composite Index saw gains amid investor optimism. CXMT shares surged significantly, briefly making it China's most valuable listed company. Regulators introduced supportive measures to stabilize markets after recent sharp selloffs.…

The Economic Times

Oil prices sink 4% while Asian shares gain as Chinese chipmaker CXMT soars in Shanghai trading debut

Shares are mostly higher in Asia as oil prices slipped more than 4% after the U.S. and Iran paused their attacks for a second night

The Independent UK

How memory chipmaker CXMT became the most valuable company in mainland China

CXMT becomes China's most valuable listed company after blockbuster Shanghai debut

The Independent UK

Global Market: CXMT shares soar 470% in Shanghai debut, becomes China's most valuable listed company

CXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker's stock price increased by as much as 470%. This surge briefly made CXMT China's most valuable listed company. The blockbuster listing offers investors a test of appetite for the semiconductor sector. CXMT raised over $8 billion through…

The Economic Times

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Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debut

China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday, underscoring the impact of AI-driven demand on the semiconductor sector. The firm's shares rocketed more than 500 percent by mid-morning, taking its market capitalisation to 3.5 trillion yuan…

The Economic Times

China memory chipmaker CXMT set for Shanghai debut after Asia's biggest IPO

At the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, making it one of China's largest listed semiconductor companies. The company's IPO is the biggest mainland Chinese semiconductor offering on record, surpassing SMIC's $7.5 billion Shanghai share sale…

The Economic Times

Memory frenzy fuels CXMT's historic debut

CXMT Corp's Shanghai debut is anticipated to be historic after a near-record IPO. The company is poised to become China's largest listed firm on its first trading day. This significant offering taps into global demand for memory chips and AI development. CXMT is China's best hope for reducing foreign supplier…

The Economic Times

Chinese CXMT DRAM doesn't look like the budget savior many were expecting — new modules enter the market, but prices still track the big three

Chinese retail listings indicate that CXMT-based memory modules are priced similarly to those featuring chips from the big three, despite expectations that they must be cheaper.

Tom’s Hardware

The fourth biggest memory manufacturer could break into America soon, and chances are you've never heard of it

DRAM-ing up support.

PC Gamer

Gigabyte announces support for Chinese-made CXMT memory — pushes it to 8200 MT/s on Socket AM5

The performance is impressive and it's good to see official support, but the question remains whether you can actually buy any of it.

Tom’s Hardware

The Week Ahead (July 27-Aug. 2): CXMT Set for STAR Market Debut in Board’s Largest IPO

Zhongji Innolight plans Hong Kong’s largest listing this year; the U.S. Federal Reserve holds key interest-rate meeting

Caixin Global

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The Economic Times

Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concerns

Asian markets saw declines in China and Hong Kong equities on Friday. Crude oil prices surged above $100 a barrel, intensifying inflation worries. Investors remained cautious due to geopolitical risks and upcoming large IPOs. Technology shares received some support from policy expectations. Rising energy costs and liquidity pressures will influence…

The Economic Times

China's memory chip makers ride AI boom to new power, US scrutiny

Chinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major Chinese tech firms. Both firms are preparing for blockbuster initial public offerings soon. They face scrutiny from the United States over military ties and market power. Expanded manufacturing capacity aims…

Fortune

Moonshot, DeepSeek, and the Great Chinese AI IPO Rush

Beijing's AI leaders are rushing toward the public markets, using IPOs to fund an escalating arms race against U.S. frontier models.

The Economic Times

Chipmaker CXMT debut spotlights China's state-funded path to tech power

Chipmaker CXMT's significant IPO showcases China's state-led funding model for strategic technology. Hefei city investors hold a substantial stake in the memory-chip maker. This debut reinforces Beijing's strategy for critical technology development and global competition. CXMT's success supports China's AI self-sufficiency push amid US restrictions. The government aims to reinvest…

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The Economic Times

Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investment

China's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 billion in Asia's biggest IPO this year, highlighting the success of China's state-backed push to build domestic semiconductor champions and AI infrastructure.

The Economic Times

China's CXMT targets global DRAM giants with record $8.5 billion IPO

Chinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it seeks to challenge the dominance of Samsung Electronics, SK hynix and Micron Technology, The Korea Herald reported.

The Economic Times

Global Market: CXMT's $8.6 billion IPO draws strong demand despite cooling enthusiasm for chip stocks

Chinese memory chipmaker CXMT Corp's IPO saw oversubscription by institutional investors. This robust demand highlights continued investor interest in China's semiconductor sector. The company's listing is expected later this month on Shanghai's STAR Market. This event will gauge investor appetite for upcoming technology listings. CXMT is a major global producer…

Tom’s Hardware

Memory chip boss admits RAM prices are 'abnormally high' — SK Group chairman considering building a semiconductor plant in the US to expand supply, calm ‘chipflation’

SK Group Chairman Chey Tae-won said that prices for memory chips are "abnormally high" and that the industry must take steps to increase production and reduce prices. If it fails to do that, new entrants could challenge the incumbent leaders and make the market much more competitive, especially once demand…

Tom’s Hardware

Lawmakers want US government to ban memory chips from China, even in allied supply chains — citing 'unacceptable risk' to national, economic, and supply chain security (Updated)

U.S. lawmakers demand Commerce Secretary Howard Lutnick to ban imports of memory chips from China to the U.S., ask allies to do the same.

The Economic Times

Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fears

Chinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. Investor sentiment weakened as concerns grew that CXMT's $8.6 billion IPO and a pipeline of large listings could drain market liquidity, triggering heavy selling in AI and semiconductor…

The Economic Times

Global Market: CXMT's $8.6 billion IPO draws strong retail demand, but investor caution persists

Chinese memory chipmaker CXMT's IPO attracted strong retail investor interest. The retail tranche was oversubscribed by 243.93 times, showing robust demand. This oversubscription level was lower than recent Chinese listings, reflecting investor caution. Tech shares have faced volatility amid concerns over valuations and market liquidity. State media sought to reassure…

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