Free Republic 3rd Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $14,466
17%  
Woo hoo!! And now only $114 to reach 18%!! Thank you all very much!! God bless.

Keyword: chinesechipgiant

Brevity: Headers | « Text »
  • US lawmakers seek national security probe of Chinese chip giant CXMT after blockbuster IPO: ‘Ticking time bomb’

    07/28/2026 10:09:32 AM PDT · by bitt · 7 replies
    https://nypost.com ^ | July 28, 2026 | James Franey
    Top US lawmakers want the Trump administration to launch a formal national security probe into Chinese memory chipmaker CXMT on suspicions that Beijing orchestrated the company’s blockbuster IPO to prop up a key military asset, The Post has learned. Shares for the China-based chipmaker, also known as ChangXin Memory Technologies, skyrocketed 466% in Shanghai trading on Monday — raising $8.6 billion and instantly making the firm the most valuable on a China mainland exchange with a market capitalization of nearly $500 billion. Beijing’s historic windfall — which sent shares of US chipmakers tumbling on competition fears on Monday — is...