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China’s CXMT Stock Soars 470% in Start of Trading, Amid A.I. Race

The meteoric rise on its first day of trading catapulted CXMT, China’s leading memory chip maker, to being the most valuable company on the Shanghai stock exchange.

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By Steve Lohr
source Source: NYT > Business
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China’s CXMT Stock Soars 470% in Start of Trading, Amid A.I. Race

The meteoric rise on its first day of trading catapulted CXMT, China’s leading memory chip maker, to being the most valuable company on the Shanghai stock exchange.

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