{"id":139700,"date":"2026-08-14T06:21:09","date_gmt":"2026-08-14T06:21:09","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/139700\/"},"modified":"2026-08-14T06:21:09","modified_gmt":"2026-08-14T06:21:09","slug":"chinas-hottest-ai-chip-stock-is-now-worth-nearly-as-much-as-intel","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/139700\/","title":{"rendered":"China’s Hottest AI Chip Stock Is Now Worth Nearly As Much As Intel"},"content":{"rendered":"

China’s CXMT<\/a> has surged into the ranks of the world’s most valuable chipmakers, less than three weeks after its blockbuster Shanghai debut.<\/p>\n

On Friday, CXMT’s shares<\/a> on Shanghai’s tech-heavy Star market were 4% higher at midday.<\/p>\n

CXMT was worth $540.5 billion, according to LSEG data. That put the memory-chip maker just behind Intel at $552.6 billion<\/a> and ahead of Chinese tech giant Tencent at $505.8 billion.<\/p>\n

That made CXMT the world’s 24th-most-valuable company in LSEG’s ranking. Chip giant Nvidia topped the ranking with a market cap of about $5.5 trillion.<\/p>\n

CXMT’s climb toward Intel has also coincided with the US chipmaker’s shares pulling back last month amid a broader chip sell-off and concerns over massive AI investments.<\/p>\n

Tencent has lost ground, too. Its Hong Kong-listed shares have fallen about 26% this year amid concerns about rising AI spending and the potential impact of AI on its software business.<\/p>\n

CXMT, formerly known as ChangXin Memory Technologies, is China’s largest producer of DRAM memory chips.<\/p>\n

The company, headquartered in the eastern Chinese province of Anhui, raised about $8.6 billion in its July 27 IPO. Its shares closed 466% above their IPO price on their first day, making CXMT the most valuable company listed in mainland China.<\/p>\n

CXMT’s IPO gives it “much more cash to spend for capex,” Bernstein analysts wrote in a report on Wednesday. <\/p>\n

CXMT is already the world’s fourth-largest DRAM producer, behind Samsung Electronics, SK Hynix, and Micron. <\/p>\n

Last month, Nomura said it expects its share of global DRAM production to rise from about 10% to roughly 18% by the end of 2028.<\/p>\n","protected":false},"excerpt":{"rendered":"China’s CXMT has surged into the ranks of the world’s most valuable chipmakers, less than three weeks after…\n","protected":false},"author":2,"featured_media":139701,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[68852,24,9727,25,387,68857,32,50190,68856,657,138,16420,68854,68853,5214,68855,128],"class_list":["post-139700","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai","tag-24th-most-valuable-company","tag-ai","tag-ai-spending","tag-artificial-intelligence","tag-china","tag-chip-giant-nvidia","tag-concern","tag-cxmt","tag-hottest-ai-chip-stock","tag-intel","tag-ipo","tag-last-month","tag-lseg-datum","tag-ranking","tag-share","tag-valuable-chipmaker","tag-world"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/139700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=139700"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/139700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/139701"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=139700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=139700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=139700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}