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China's CXMT soared 466% on its first day of trading after a record memory chip IPO

The Chinese memory chipmaker raised $8.6 billion in Asia's biggest IPO this year, vaulting it past ICBC as China's most valuable listed company [...]

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venturebeat
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]

Match Score: 113.39

thenextweb
CXMT soared 466% on day one to become China’s most valuable onshore company

China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Mornin [...]

Match Score: 110.42

thenextweb
CXMT prices a record $8.5bn Shanghai IPO, valuing China’s memory champion at $85bn

China’s biggest memory chipmaker is about to test the public markets. ChangXin Memory Technologies, known as CXMT, has priced its Shanghai IPO at 8.66 yuan ($1.28) a share, the South China Morning P [...]

Match Score: 82.65

thenextweb
Apple starts testing China’s state-backed memory chips, and Washington is watching

Apple has begun testing memory chips from China’s state-backed CXMT for devices sold in China, the Financial Times reports. That puts it behind a supplier Washington has flagged as a security risk. [...]

Match Score: 73.48

venturebeat
A 0.12% parameter add-on gives AI agents the working memory RAG can't

AI agents forget. Every time a coding assistant loses track of a debugging thread, or a data analysis agent re-ingests the same context it already processed, the team pays in latency, token costs, and [...]

Match Score: 72.72

Destination
Apple Black Friday deals are live: Some of the biggest sales we've seen this year on AirPods, iPads, MacBooks, Apple Watches and AirTags

There’s no denying Apple’s massive reputation in the tech world. And it appears it’s not just hype — our reviews put an Apple product at the top of our buying guides to tablets, smartwatches, [...]

Match Score: 72.53

Destination
Apple Black Friday deals are still live: The biggest sales we've seen in 2025 on AirPods, iPads, MacBooks, Apple Watches and AirTags

There’s no denying Apple’s massive reputation in the tech world. And it appears it’s not just hype — our reviews put an Apple product at the top of our buying guides to tablets, smartwatches, [...]

Match Score: 72.53

thenextweb
CXMT’s founder is giving 40% of his new fortune to his workers

Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory ch [...]

Match Score: 69.66

Destination
Apple Black Friday deals: We found the biggest savings on AirPods, iPads, MacBooks, Apple Watches and AirTags

There’s no denying Apple’s massive reputation in the tech world. And it appears it’s not just hype — our reviews put an Apple product at the top of our buying guides to tablets, smartwatches, [...]

Match Score: 69.39