GraphicAnalysis: What's behind China's fastest-growing DRAM chips maker CXMT?

China's top DRAM (dynamic random-access memory) chipmaker ChangXin Memory Technologies (CXMT) was listed on the A-share market on July 27, with company shares soaring 471.59 percent at the opening, pushing its market value past 3.31 trillion yuan ($490.5 billion) - topping all A-share firms and overtaking Intel to rank 9th globally among semiconductor companies. CXMT's second-quarter business revenue rose 716 percent year-on-year, securing 7 percent of the global DRAM market share and 4th place in the world as the fastest-growing memory chips supplier in the quarter. From a decade of losses to the highest-value company in the A-share market, CXMT's rise - together with China's numerous AI models - forms a closed loop of AI applications, computing power demand and semiconductor self-reliance.