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Chipmaker CXMT becomes mainland China's most valuable listed firm

Chipmaker CXMT is now the most valuable company in mainland China. Its shares went up by 470% on the first day of trading. This big increase happened because more people want chips for AI technology.

The demand for chips is growing fast. Many companies need chips to make AI work better. CXMT's success shows how important chips are for new technology. The company is now very important in the business world.

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