CXMT's Shanghai IPO Dented by Chip Stock Selloff

Institutional demand for CXMT's $8.6 billion Shanghai IPO, Asia's largest this year, has been negatively impacted by a broader selloff in AI chip stocks, driven by fears that the sector's boom has become overheated.

19 Jul, 08:51 — 19 Jul, 08:51

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express-tribuneMostly Factual20d ago

Institutional demand for CXMT's $8.6 bln Shanghai IPO dented by chip stock selloff

XMT's IPO, Asia's biggest this year, comes as AI chip stocks tumble over fears the boom has overheated

By Reuters

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CXMT's Shanghai IPO Dented by Chip Stock Selloff

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Institutional demand for CXMT's $8.6 bln Shanghai IPO dented by chip stock selloff

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