CXMT’s 466% debut hit Micron and SK Hynix — its prospectus has no HBM
· financefeeds.com
CXMT closed up 466% in Shanghai and knocked Micron, SK Hynix and SanDisk lower. Its prospectus funds no HBM project and its DDR5 costs 30% more per bit.
CXMT’s 466% debut hit Micron and SK Hynix — its prospectus has no HBM
The market did not sell Micron because a Chinese company started making high-bandwidt...