CXMT said the turnaround was driven by AI-related shortages and higher prices for dynamic random-access memory, or DRAM.
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...
CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.
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...
CXMT can pack memory cells more tightly, build taller capacitors in less space, and produce at least 50% more chips per wafer.
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...
CXMT ranked fourth in global DRAM revenue in Q2, behind Samsung, SK Hynix, and Micron.
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