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