CXMT Overtakes Tencent as China's Most Valuable Company Amid AI Chip Frenzy
pstAsiatech · x · 2026-08-13
CXMT has surpassed Tencent to become the world's most valuable Chinese company. This milestone underscores the AI-driven frenzy fueling massive demand for memory-chip stocks.
The author notes that this achievement is particularly amazing given the myriad challenges the company has faced, reflecting the critical role and capital favor enjoyed by the AI compute supply chain.
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