A Chinese company has just debuted on the stock market with a 500% gain after raising a record number in Asia’s biggest public offering so far this year. Meet China's CXMT - it’s the country’s most valuable listed company - a chipmaker riding on the artificial intelligence wave.

CXMT is China’s biggest memory chipmaker and its debut comes amid an AI-driven demand boom that has boosted the stock price of its rivals Micron, Samsung and SK Hynix.

China's leading memory chipmaker, ChangXin Memory Technologies, made a blockbuster debut on Shanghai's STAR Market on Monday, becoming the most valuable stock on China's A-share…

China's largest memory chipmaker made a blockbuster debut on the Shanghai Stock Exchange's STAR Market on Monday as experts pointed to growing signs of a structural bull run in…

State-backed DRAM supplier rides AI boom to record IPO despite valuation concerns