Bloomberg's Julia Fioretti: CXMT's record-breaking IPO still has room to grow

Chinese DRAM chipmaker ChangXin Memory Technologies (CXMT) recently made a record-breaking stock market debut. Bloomberg News reporter Julia Fioretti said the company is widely seen as a key player in China's efforts to reduce its reliance on foreign chip suppliers. She added that with the global memory chip shortage expected to persist, many investors believe CXMT still has significant upside potential.

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