Tuesday, 28 July 2026 · World
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EUROS The World Financial Report
Nº 17 Tuesday, 28 July 2026 · World Edition
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Pentagon blacklist of CXMT: Is Washington accidentally creating a stronger Chinese chip rival?

mint - markets · 1h ago · 🇮🇳 India
Pentagon blacklist of CXMT: Is Washington accidentally creating a stronger Chinese chip rival?

CXMT's shares soared 466% on its Shanghai Stock Exchange debut, elevating its market value to 3.28 trillion yuan. Amid US sanctions, CXMT faces challenges but also an incentive to strengthen its domestic chip production capabilities, impacting the global DRAM market.

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