Chipkonzern: CXMT steigt zu Chinas wertvollstem Börsenkonzern auf
Während die Sorge vor zu hohen Ausgaben für KI-Infrastruktur den bisherigen Platzhirsch Tencent an der Börse belastet, profitiert Chiphersteller CXMT genau von diesem Boom.
Beijing - A chip manufacturer that has only recently been listed on the stock exchange has risen to become China's most valuable company traded on the market. Changxin Technology (CXMT) has surpassed the internet giant Tencent at the top of the list. On Thursday, CXMT's market value reached approximately 455 billion euros, up from about 442 billion euros for Tencent after a drop in share prices.
Friday saw the chip manufacturer further solidify its lead. While Tencent remains significantly larger in terms of revenue, CXMT is projecting earnings of 110 to 120 billion yuan for the first half of the year, which is less than a third of Tencent's revenue. The high valuation is primarily due to expectations surrounding the artificial intelligence boom.
The construction of AI servers and data centers requires large quantities of memory chips, and supply is currently scarce. Since the second half of the previous year, prices for so-called DRAM chips have risen sharply.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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- KI-Boom: CXMT steigt zu Chinas wertvollstem Börsenkonzern auf handelsblatt.com