Published Oct 30, 2026, 6:39 AM ET · Updated 14 days ago · 3 sources
Chinese Chip Leader CXMT’s Sales Rise Sevenfold Yet Growth Slows
bloomberg
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Original Report
INFERY
CXMT Corp. posted a sevenfold surge in quarterly revenue, though the pace of acceleration slowed in a sign that an AI-fueled rally in Chinese memory chip prices may be losing steam. The company swung from a loss to a profit, after aggressive capacity expansion and growing its role as a global supplier of conventional memory or DRAM.