Company’s wafer expansion and AI demand could lift its DRAM share and more than double the stock’s value, analysts say.

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.

DRAM supplier's H1 earnings swing underscores pricing strength in sector

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

China's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shanghai debut. The blockbuster listing, Asia's…