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China’s Chongqing Builds Its AI Strategy Around Compute, Power and Manufacturing
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China’s Chongqing Builds Its AI Strategy Around Compute, Power and Manufacturing
Chongqing — ChangXin Memory (CXMT) closed August 17 at 4.13 trillion yuan (about 590 billion U.S. dollars), overtaking Tencent as China’s most valuable listed company weeks after its IPO. The DRAM maker’s rally signals growing interest beyond AI models in the hardware, R&D, energy and supply chains behind them. Chongqing, while still known as a maker of cars and electronics, is building a position across the AI stack. Its manufacturing base supp…
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