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Chinese memory chipmaker CXMT reports H1 revenue of $22.4B, more than double its 2025 sales, and $11.5B in profit, compared to a loss a year earlier


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2026-08-28 11:48:19
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Cybersecurity Business

Bloomberg:

Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier  —  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.




Bloomberg:

Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier  —  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.



Source: TechMeme
Source Link: https://www.techmeme.com/260828/p7#a260828p7


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