BNB$737.69-0.16%BRENT$97.26+1.02%BTC$78,941-0.31%COPPER$6.64+0.60%DJI$53,414-0.51%DOGE$0.0901-0.37%DXY99.18+0.00%ETH$2,481-0.34%GOLD$4,407-0.58%NDX$29,544+0.21%SILVER$66.26+0.40%SOL$103.48-0.35%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.30+5.30%BNB$737.69-0.16%BRENT$97.26+1.02%BTC$78,941-0.31%COPPER$6.64+0.60%DJI$53,414-0.51%DOGE$0.0901-0.37%DXY99.18+0.00%ETH$2,481-0.34%GOLD$4,407-0.58%NDX$29,544+0.21%SILVER$66.26+0.40%SOL$103.48-0.35%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.30+5.30%
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CXMT IPO Valuation Approaches Micron's Market Cap

Key takeaways

  • China's CXMT, a major memory chip competitor, launched its IPO in July with a market cap nearing half a trillion dollars, rivaling Micron.

Analysis

China's CXMT, a major memory chip competitor, launched its IPO in July with a market cap nearing half a trillion dollars, rivaling Micron.

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