China just got a new king of listed companies. đđ
Changxin Memory Technologies (CXMT) has reportedly overtaken Tencent to become the most valuable Chinese listed company.
Tencent fell 4.46% to HK$441, bringing its market cap down to around „3.44T.
Meanwhile, CXMT slipped just 1.20% but still reached around „3.54T in market cap.
MĂŹnh tháș„y cĂș flip nĂ y khĂĄ crazy: a semiconductor company overtaking one of Chinaâs biggest internet giants shows just how much the market is repricing memory chips and AI infrastructure.
Tencent: âI have billions of users.â
CXMT: âCool. I have memory chips.â đ
Anh em nghÄ© ÄĂąy lĂ dáș„u hiá»u semiconductor Äang bÆ°á»c vĂ o má»t supercycle má»i, hay CXMT Äang ÄÆ°á»Łc Äá»nh giĂĄ quĂĄ nĂłng?
#BrainrotCrypto #CXMT
Changxin Memory Technologies (CXMT) has reportedly overtaken Tencent to become the most valuable Chinese listed company.
Tencent fell 4.46% to HK$441, bringing its market cap down to around „3.44T.
Meanwhile, CXMT slipped just 1.20% but still reached around „3.54T in market cap.
MĂŹnh tháș„y cĂș flip nĂ y khĂĄ crazy: a semiconductor company overtaking one of Chinaâs biggest internet giants shows just how much the market is repricing memory chips and AI infrastructure.
Tencent: âI have billions of users.â
CXMT: âCool. I have memory chips.â đ
Anh em nghÄ© ÄĂąy lĂ dáș„u hiá»u semiconductor Äang bÆ°á»c vĂ o má»t supercycle má»i, hay CXMT Äang ÄÆ°á»Łc Äá»nh giĂĄ quĂĄ nĂłng?
#BrainrotCrypto #CXMT