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Jul 27, 2026
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Founder of CXMT transfers 40% of his wealth to employees after record IPO
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Founder of CXMT transfers 40% of his wealth to employees after record IPO

Memory prices are soaring, demand for HBM is breaking records, and manufacturers are fighting for every engineer: the Chinese founder who is giving up about 40% of his wealth to close the gap with Samsung and SK Hynix.

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