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AI-fuelled RAM shortage lets China chipmaker CXMT briefly top ICBC as most valuable stock

Malaysia Times desk Original: Malay Mail 7/27 10:54 X
AI-fuelled RAM shortage lets China chipmaker CXMT briefly top ICBC as most valuable stock
Photo: Malay Mail

SHANGHAI, July 27 — China’s leading memory chipmaker jumped 470 per cent in its market debut in Shanghai on Monday, briefly surpassing megabank ICBC as the mainland’s most...

From the original report

The global race to build data centres that can train and run artificial intelligence technology has fuelled a major memory chip shortage and caused business to boom for the companies that produce them.

ChangXin Memory Technologies (CXMT) wants to rival South Korean giants Samsung Electronics and SK hynix, and US chipmaker Micron.

This is a brief of a report by another newsroom. The excerpt below is from the original.

Read the full report at Malay Mail Malay Mail
Read the full translated article in Japanese →

About this story

Source
Malay Mail
Originally published
Jul 27, 2026
Updated here
Aug 15, 2026
Produced by
Malaysia Times desk (brief) — reporting by the source
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