After Changxin Technology went public, its stock price rose more than 5 times in a week, and analysts have a trillion-dollar level of disagreement on its future valuation

Changxin Technology has attracted significant attention from the market following its listing, with analysts showing a huge divergence in their future value assessments. Data shows that the most optimistic analysts believe that Changxin Technology's market value could reach $1.1 trillion in the next 12 months, while the most pessimistic forecasts are around $160 billion. The divergence mainly revolves around whether Changxin Technology can capture market share in the DRAM sector and whether it can break through HBM technology in the future.

Bullish analysts believe that China's push for semiconductor self-sufficiency and the domestic DRAM supply-demand gap will help Changxin Technology expand rapidly; bearish analysts, on the other hand, are concerned that the new production capacity in the industry may lead to a decline in DRAM prices from 2027 to 2028, impacting the profitability of the entire storage industry.

In its first week of listing, Changxin Technology's stock price rose by 523%. The market is still focused on its HBM technology progress and whether China's domestic DUV lithography technology can help it narrow the gap with Samsung, SK Hynix, and Micron.