CXMT Pops 466% in Shanghai IPO; U.S. Memory Stocks Slide
China’s CXMT surged 466% in its $8.6B Shanghai debut, becoming the country’s most valuable A-share and sending Micron, SanDisk, and SK Hynix sharply lower.
micron stock
DRAM Prices Climb as AI Triggers a Memory Supercycle
Morgan Stanley calls it a structural shortage. DRAM, NAND and HBM contract prices are climbing as AI servers reroute the world’s memory output.