上市一周后股价涨超5倍，分析师对长鑫科技未来估值分歧达万亿美元级别

The stock price surged more than fivefold within a week of its listing, and analysts' valuations for CXMT's future diverge by as much as a trillion dollars.

Odaily Planet Daily News: CXMT's listing has attracted significant market attention, with analysts showing stark disagreement over its future value. Data shows that the most optimistic analyst believes CXMT's market capitalization could reach $1.1 trillion over the next 12 months, while the most pessimistic forecast is only around $160 billion. The divergence mainly centers on whether CXMT can capture market share in the DRAM market and whether it can break through in HBM technology.

Bullish analysts argue that China's push for semiconductor self-sufficiency, combined with the domestic DRAM supply-demand gap, will help CXMT expand rapidly. Bearish analysts, on the other hand, worry that new industry capacity could drive DRAM prices down between 2027 and 2028, impacting profitability across the entire memory sector.

CXMT's stock rose 523% in its first week of trading. The market continues to focus on its HBM technology progress, as well as whether China's domestically developed DUV lithography technology can help narrow the gap with Samsung, SK Hynix, and Micron. (Bloomberg)