CXMT at a glance
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Company Snapshot
CXMT is a Semiconductors company, based in Hefei, People's Republic of China, founded 2017. Total funding RMB 29.5B (~$4.2B) IPO proceeds (As of Jul 27, 2026).
Recent changes
- Aug 17, 2026Aug 17, 2026CXMT's Rise to China's Most Valuable Firm, Explained Pulse story
- Jul 27, 2026Jul 27, 2026First reported total funding: RMB 29.5B (~$4.2B) IPO proceeds Wikipedia
- Jul 27, 2026Jul 27, 2026Memory Stocks Slide As CXMT's IPO Rattles Market Pulse story
- Jul 27, 2026Jul 27, 2026CXMT Rockets 466% in STAR Market Trading Debut Pulse story
- Jul 24, 2026Jul 24, 2026China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO Pulse story
Earlier changes (4)
- Jul 24, 2026Jul 24, 2026The Case For a Chinese AI IPO Wave Riding CXMT's Momentum Pulse story
- Jul 19, 2026Jul 19, 2026IPO $8.6B at ~$87B at pricing Reuters / Yahoo Finance
- Jul 19, 2026Jul 19, 2026First reported valuation: ~$87B at pricingRumored Reuters / Yahoo Finance
- Jul 19, 2026Jul 19, 2026CXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand Pulse story
Debt, IPO & other events
not counted in equity raised| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jul 19, 2026 | ipo | $8.6B | ~$87B at pricing | Reuters / Yahoo Finance |
Latest Pulse
- Aug 17, 2026CXMT's Rise to China's Most Valuable Firm, ExplainedMemory chipmaker CXMT overtook Tencent as China's most valuable listed company just weeks after a 466% IPO debut, putting a number on how central memory chips have become to China's AI buildout.→
- Aug 5, 2026CXMT Chips Reach HP, Asus and Acer LaptopsHP, Asus and Acer confirmed limited use of Chinese CXMT memory chips in non-US laptops as AI data centers consume an estimated 70% of global memory chip production this year.→
- Jul 29, 2026The Case For Calling 2026 the Mega-IPO EraIPO pops are nearing 10-year highs and tech is leading the way, with $34.2 billion raised through May -- up 163.9% year-over-year -- setting up 2026 as the strongest new-issue market in a decade even before SpaceX and CXMT's blockbuster debuts.→
- Jul 28, 2026The Memory Supercycle Is Repricing Every Hardware Term SheetRAM costs sextupling, Samsung's $200B HBM4E deal with Broadcom, and CXMT's blistering $540B Shanghai debut are three faces of one supply shock now reshaping how VCs underwrite anything with a bill of materials.→
- Jul 27, 2026Memory Stocks Slide As CXMT's IPO Rattles MarketMicron, SanDisk and SK Hynix shares all fell after CXMT's explosive Shanghai IPO debut intensified fears of a looming DRAM supply glut and price war.→
- Jul 27, 2026CXMT Rockets 466% in STAR Market Trading DebutChinese memory maker CXMT surged as much as 471% in its Shanghai STAR Market trading debut, instantly becoming mainland China's most valuable listed company.→
- Jul 24, 2026The Case For a Chinese AI IPO Wave Riding CXMT's MomentumValue Add Pulse analysis: CXMT's $8.6 billion Shanghai debut and the Moonshot/DeepSeek open-model rush suggest Chinese AI and semiconductor companies are finding a public-market window U.S. peers currently lack.→
- Jul 24, 2026China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPOCXMT, China's largest memory chipmaker, is set to list July 27 on Shanghai's STAR Market in Asia's biggest IPO of 2026 so far, raising $8.6 billion and stoking fears it could drain cash from Chinese equities.→
- Jul 19, 2026CXMT's $8.6B Shanghai IPO Draws 500x Institutional DemandChina's largest DRAM maker CXMT priced an $8.6 billion Shanghai STAR Market IPO -- Asia's biggest listing of 2026 -- with institutional demand of roughly 500 times the shares on offer, though oversubscription ran lower than recent Chinese tech IPOs amid a.→
Coverage Timeline
newest first- Aug 17, 2026IPOCXMT's Rise to China's Most Valuable Firm, Explained$524B market cap→
- Aug 5, 2026BIG TECHCXMT Chips Reach HP, Asus and Acer Laptops→
- Jul 29, 2026IPOThe Case For Calling 2026 the Mega-IPO Era→
- Jul 28, 2026FUNDINGThe Memory Supercycle Is Repricing Every Hardware Term Sheet→
- Jul 27, 2026IPOMemory Stocks Slide As CXMT's IPO Rattles Market→
- Jul 27, 2026IPOCXMT Rockets 466% in STAR Market Trading Debut$8.6B Raised, +471%→
- Jul 24, 2026IPOThe Case For a Chinese AI IPO Wave Riding CXMT's Momentum→
- Jul 24, 2026IPOChina's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO$8.6B IPO→
- Jul 19, 2026IPOCXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand$8.6B IPO / ~$87B cap→
All Coverage
IPO$524B market cap
CXMT's Rise to China's Most Valuable Firm, Explained
Memory chipmaker CXMT overtook Tencent as China's most valuable listed company just weeks after a 466% IPO debut, putting a number on how central memory chips have become to China's AI buildout.
DEEP DIVE
CXMT Chips Reach HP, Asus and Acer Laptops
BIG TECH
CXMT Chips Reach HP, Asus and Acer Laptops
HP, Asus and Acer confirmed limited use of Chinese CXMT memory chips in non-US laptops as AI data centers consume an estimated 70% of global memory chip production this year.
BRIEF
The Case For Calling 2026 the Mega-IPO Era
IPO
The Case For Calling 2026 the Mega-IPO Era
IPO pops are nearing 10-year highs and tech is leading the way, with $34.2 billion raised through May -- up 163.9% year-over-year -- setting up 2026 as the strongest new-issue market in a decade even before SpaceX and CXMT's blockbuster debuts.
The Memory Supercycle Is Repricing Every Hardware Term Sheet
FUNDING
The Memory Supercycle Is Repricing Every Hardware Term Sheet
RAM costs sextupling, Samsung's $200B HBM4E deal with Broadcom, and CXMT's blistering $540B Shanghai debut are three faces of one supply shock now reshaping how VCs underwrite anything with a bill of materials.
Memory Stocks Slide As CXMT's IPO Rattles Market
IPO
Memory Stocks Slide As CXMT's IPO Rattles Market
Micron, SanDisk and SK Hynix shares all fell after CXMT's explosive Shanghai IPO debut intensified fears of a looming DRAM supply glut and price war.
CXMT Rockets 466% in STAR Market Trading Debut
IPO$8.6B Raised, +471%
CXMT Rockets 466% in STAR Market Trading Debut
Chinese memory maker CXMT surged as much as 471% in its Shanghai STAR Market trading debut, instantly becoming mainland China's most valuable listed company.
The Case For a Chinese AI IPO Wave Riding CXMT's Momentum
IPO
The Case For a Chinese AI IPO Wave Riding CXMT's Momentum
Value Add Pulse analysis: CXMT's $8.6 billion Shanghai debut and the Moonshot/DeepSeek open-model rush suggest Chinese AI and semiconductor companies are finding a public-market window U.S. peers currently lack.
China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO
IPO$8.6B IPO
China's CXMT Sparks Cash-Drain Fears Ahead of $8.6B IPO
CXMT, China's largest memory chipmaker, is set to list July 27 on Shanghai's STAR Market in Asia's biggest IPO of 2026 so far, raising $8.6 billion and stoking fears it could drain cash from Chinese equities.
CXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand
IPO$8.6B IPO / ~$87B cap
CXMT's $8.6B Shanghai IPO Draws 500x Institutional Demand
China's largest DRAM maker CXMT priced an $8.6 billion Shanghai STAR Market IPO -- Asia's biggest listing of 2026 -- with institutional demand of roughly 500 times the shares on offer, though oversubscription ran lower than recent Chinese tech IPOs amid a.
Value Add Research
Related Companies
CXMT FAQ
When was CXMT founded and where is it based?
CXMT was founded in 2017 and is headquartered in Hefei, People's Republic of China, according to Wikidata.
Sources & methodologyshow
Where these figures come from
- Reuters / Yahoo Financeresearch database1 fact
- WikipediaValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.