News analysis
After a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?
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CXMT’s listing comes as China races to build a more self-reliant AI supply chain amid US-led export controls.
PHOTO: AFP
BEIJING – A blockbuster initial public offering (IPO) can generate buzz and signal investor confidence, but the far harder test of becoming a globally competitive company only begins after the opening bell.
That is the challenge now facing China’s top memory chipmaker ChangXin Memory Technologies (CXMT).