BNB$739.23-0.16%BRENT$97.25+1.01%BTC$79,198-0.06%COPPER$6.64+0.64%DJI$53,414-0.51%DOGE$0.0903-0.37%DXY99.18+0.00%ETH$2,489-0.24%GOLD$4,411-0.48%NDX$29,544+0.21%SILVER$66.34+0.54%SOL$103.8-0.27%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.30+5.30%BNB$739.23-0.16%BRENT$97.25+1.01%BTC$79,198-0.06%COPPER$6.64+0.64%DJI$53,414-0.51%DOGE$0.0903-0.37%DXY99.18+0.00%ETH$2,489-0.24%GOLD$4,411-0.48%NDX$29,544+0.21%SILVER$66.34+0.54%SOL$103.8-0.27%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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