China's CXMT sees revenue jump over eightfold to ~$40B amid memory squeeze

pstAsiatech · x · 2026-10-19

Per WSJ, Chinese memory chipmaker CXMT expects over eightfold revenue growth, projecting $39.61B–$40.36B for the first nine months of 2026, driven by the global memory squeeze — a notable spillover of AI compute demand into the memory supply chain.

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