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Despite Promising Profit Forecasts, CXMT Shares Plummet Amid AI-Driven DRAM Market Challenges

Despite Promising Profit Forecasts, CXMT Shares Plummet Amid AI-Driven DRAM Market Challenges

China’s CXMT shares fall 7.8% despite profit forecast
China’s CXMT shares fall 7.8% despite profit forecast

CXMT said the turnaround was driven by AI-related shortages and higher prices for dynamic random-access memory, or DRAM.

CXMT eyes nearly US$20 billion profit as AI-driven DRAM shortages fuel earnings turnaround
CXMT eyes nearly US$20 billion profit as AI-driven DRAM shortages fuel earnings turnaround

China's leading DRAM manufacturer, ChangXin Memory Technologies (CXMT), expects to report net profit of CNY131 billion to CNY132.5 billion (≈ US$19.58 billion to US$19.8 billion) for the first...

China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround
China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.

CXMT Is Expected To Add Over 100,000 DRAM Wafers Per Month Within A Year, Aiming At Consumer Electronics Squeezed By The Memory Shortage
CXMT Is Expected To Add Over 100,000 DRAM Wafers Per Month Within A Year, Aiming At Consumer Electronics Squeezed By The Memory Shortage

Chinese memory chip manufacturer CXMT could double its memory production capacity by 2028, according to research from Trendforce and Counterpoint Research. The boom comes as the DRAM industry...

China is making advanced memory chips without the world's best tools
China is making advanced memory chips without the world's best tools

CXMT can pack memory cells more tightly, build taller capacitors in less space, and produce at least 50% more chips per wafer.

CXMT shares fall 7.8% despite blockbuster earnings figures
CXMT shares fall 7.8% despite blockbuster earnings figures

Chinese memory chip giant ChangXin Memory Technologies (CXMT) saw its shares fall more than 8 per cent in early Monday trading, despite forecasts of strong profits and plans for a share buy-back...

China’s CXMT expects up to $8.2b Q3 profit on AI demand
China’s CXMT expects up to $8.2b Q3 profit on AI demand

CXMT ranked fourth in global DRAM revenue in Q2, behind Samsung, SK Hynix, and Micron.

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