Chinese chipmaker CXMT plans IPO at $80 billion valuation
Analysts call the pricing low relative to projected $120B revenue.
Who the hell priced the CXMT IPO??? They are IPOing at just $80B market cap (revenue will be in the $50B-$60B range this year at 75% GM, next year over $120B) Is there a way to get in??
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Chinese chipmaker CXMT plans IPO at $80 billion valuation
Analysts call the pricing low relative to projected $120B revenue.
Who the hell priced the CXMT IPO??? They are IPOing at just $80B market cap (revenue will be in the $50B-$60B range this year at 75% GM, next year over $120B) Is there a way to get in??