CXMT's Market Cap Nears Intel's, Joining Ranks of World's Most Valuable Chip Manufacturers
Source:
www.businessinsider.com
According to Business Insider, Chinese memory chip manufacturer CXMT saw its stock price surge significantly after listing on the Shanghai STAR Market, with its market capitalization reaching approximately $540.5 billion, close to Intel's $552.6 billion and surpassing Tencent's $505.8 billion, becoming the 24th largest company globally by market capitalization.