Chinese Chipmaker CXMT’s Sales Jump 10-Fold As AI Demand Soars

CXMT Corp.’s first-half revenue leapt almost 10-fold while profit surged, reflecting a rush for AI hardware that’s made the memory chipmaker China’s most valuable business.

By Bloomberg News

Chinese Chip Maker CXMT Cashes In on AI-Fueled Memory Crunch - WSJ

Chinese Chip Maker CXMT Cashes In on AI-Fueled Memory Crunch  WSJ

China’s CXMT posts massive 870% revenue surge as ‘aggressive expansion’ pays off

Chinese chipmaker ChangXin Memory Technologies (CXMT) reported a sharp surge in first-half revenue on Friday, as the firm released its first financial results since becoming China’s most valuable publicly traded company in a blockbuster Shanghai listing last month. The Hefei-based firm – China’s leading maker of dynamic random-access memory (DRAM) products – posted revenue of 150.31 billion yuan (US$22.4 billion) for the six months to June, up 873.64 per cent year on year, according to a fili...

By Howard Liu

Micron’s Chinese rival just reported its first earnings as a public company — and sales are booming

CXMT, the Chinese memory-chip producer, on Friday reported its first financials as a public company that showed that how much it is benefiting from surge in artificial-intelligence services lifting prices.

By Steve Goldstein

How AI data centers are making everything more expensive

The rapid growth of AI data centers is creating a shortage of the memory chips used in everyday devices like laptops, phones, cameras, and gaming consoles. The world's three largest memory chipmakers — SK Hynix, Samsung, and Micron — are shifting production to High Bandwidth Memory, specialized microchips that power AI data centers, rather than the DRAM and NAND chips found in many consumer electronics. With fewer traditional chips being produced, tech manufacturers are paying more for compon...

CXMT H1 2026 earnings: revenue jumps 874% on AI memory demand