Business1 hOctober 19, 2026, 09:38

CXMT expects nearly US$20 billion profit for first nine months of 2026

China's leading DRAM maker ChangXin Memory Technologies (CXMT) expects net profit of CNY131–132.5 billion (about US$19.6–19.8 billion) for the first nine months of 2026, reversing a year-earlier loss. The company credits surging AI demand and the resulting DRAM shortage.

Digitimes

Open source

CXMT expects nearly US$20 billion profit for first nine months of 2026

Net profit forecast: CNY131–132.5 billion (US$19.6–19.8 billion)
A year earlier the same period brought a loss
Driver is the AI-driven DRAM shortage

#CXMT#DRAM

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