ChangXin Memory Technologies Reaches Record Market Cap of 3.6 Trillion Yuan, Surpassing Intel and Tencent
Bubble signal: +2 · Overheating evidenceRelevance 85ValuationChina
Source: IT Home · Published 2026-07-27
Summary
ChangXin Memory Technologies debuted on the STAR Market today, surging 471.59% at open to a market cap of 3.31 trillion yuan, reaching a high of 3.66 trillion yuan during the session, surpassing Intel (approx. 3.14 trillion yuan) and Tencent (approx. 3.48 trillion yuan) to become the largest A-share company by market cap.
Bubble analysis
ChangXin, a DRAM chipmaker, achieved a market cap on its first trading day that surpassed Intel and Tencent, reflecting extreme market enthusiasm for AI-related chips that may be disconnected from fundamentals, a classic sign of bubble inflation.
#ipo#valuation#chip#changxin
Read original ↗Related signals
linked by shared tags
- GAC Group: 2021 Investment in ChangXin Technology Pays Off#ipo#chip#changxin
- 20cm Limit-Down! Computing Power Leader Moore Threads-U Hits New Low After Large Offline Placement Shares Unlock#ipo#chip
- Anthropic’s $2 trillion IPO puts powerful external trustees in spotlight#ipo#valuation
- Firmus Founder Goes from Prisoner to AI Tycoon as Company Valued at Over $10.5 Billion#valuation
- AI+Energy: Future Prospects and Investment Ideas#ipo