CXMT

China’s CXMT begins LPDDR6 mass production, beating Samsung and SK Hynix to market

Chinese memory chipmaker ChangXin Memory Technologies has begun mass production of LPDDR6 DRAM chips and will supply them for Xiaomi's upcoming 18 Fold foldable smartphone, the companies announced Saturday on China's Weibo social media platform. The device, scheduled for release…

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CXMT posts 874% revenue surge in first results since IPO

ChangXin Memory Technologies reported first-half 2026 revenue of 150.31 billion yuan ($22.4 billion) on Friday, an 873.64% year-on-year increase, in the Chinese chipmaker's first earnings release since its blockbuster Shanghai listing last month. The Hefei-based company swung to a net…

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Xiaomi unveils XRing O3, first smartphone chip with LPDDR6

Xiaomi on Monday unveiled the XRing O3, its latest in-house flagship processor and what the company claims is the world's first smartphone system-on-a-chip to support next-generation LPDDR6 memory. Built on TSMC's Taiwan Semiconductor Manufacturing Company Limited 3nm N3P process node,…

CXMT overtakes Tencent as China’s most valuable company

Chinese memory chipmaker CXMT Corp. surpassed Tencent Holdings on Thursday to become the world's most valuable Chinese company, a milestone that crystallizes the market's bet on semiconductor hardware over internet platforms in the age of artificial intelligence.

China’s CXMT expands into mobile DRAM, narrows yield gap with Samsung

China's largest DRAM maker, Changxin Memory Technologies (CXMT), is broadening its competitive front against Samsung Electronics and SK hynix, moving beyond PC memory into the mobile DRAM market while reportedly achieving manufacturing yields that approach those of the global leader.

CXMT hits 90% yield on DDR5 chips despite U.S. sanctions

Chinese memory chipmaker ChangXin Memory Technologies has reportedly achieved a 90% yield rate on its 17-nanometer DDR5 chips, a milestone that marks the company's transition from an emerging domestic supplier to a potential volume competitor in the global DRAM market.

CXMT rejects Apple’s bid for cheaper memory chips

Apple has been testing memory chips from China's ChangXin Memory Technologies across product lines including iPhones and MacBooks, as a global DRAM shortage driven by surging AI demand threatens production of its upcoming iPhone 18 Pro lineup, according to a…

Apple tests Chinese memory chips amid AI-driven shortage

Apple has been evaluating memory chips from China's ChangXin Memory Technologies for use across its product lines, including iPhones and MacBooks, as a global DRAM shortage driven by artificial intelligence demand squeezes supply for consumer electronics.

HP, Asus, Acer adopt Chinese DRAM as memory shortage grips PC market

A deepening global memory shortage driven by insatiable AI demand is forcing PC makers to downgrade products and seek alternative suppliers, opening the door for Chinese chipmaker ChangXin Memory Technologies to make inroads into Western supply chains.

Huawei warns rising memory costs may force smartphone price hikes

Richard Yu, Chairman of Huawei's Consumer Business Unit, warned on August 5 that surging memory chip prices could force widespread smartphone price increases across the industry. Speaking at Huawei's August 2026 New Product Launch Event, Yu said that continuing to…

CXMT eyes second Beijing DRAM fab as capacity could double

China's largest DRAM maker, ChangXin Memory Technologies, is in early-stage talks to build a second 12-inch wafer fabrication plant in Beijing's Yizhuang district, a move that could more than double the company's production capacity and deepen its challenge to the…

China’s CXMT prepares to produce advanced memory chips rivaling Samsung, SK Hynix

China's state-backed ChangXin Memory Technologies is preparing to produce advanced smartphone memory chips on par with the industry's most cutting-edge designs, according to Bloomberg, marking a leap that has renewed pressure on established memory-chip leaders.

China’s CXMT briefly tops $590B, becoming most valuable A-share stock

ChangXin Memory Technologies, China's largest DRAM manufacturer, briefly surpassed a market capitalization of 4 trillion yuan (approximately $592 billion) on Friday, cementing its position as the most valuable company on China's A-share market just days after its blockbuster debut on…

Micron surges after steep losses from CXMT’s record IPO

ChangXin Memory Technologies, China's largest DRAM manufacturer, surged 466% on its Shanghai STAR Market debut on July 27, triggering a broad selloff across the global memory chip sector that has dragged down shares of Micron Technology, SanDisk, and Western Digital…

Global chip selloff deepens as China’s STAR 50 tumbles

A punishing selloff in semiconductor stocks has spread across global markets this week, driven by a convergence of catalysts that have shaken investor confidence in the AI-fueled chip boom: an earnings miss from memory giant SK Hynix, the blockbuster IPO…

Kospi triggers circuit breaker as China chip fears roil markets

A pair of developments out of China this week sent shockwaves through global semiconductor stocks: the blockbuster debut of memory chipmaker ChangXin Memory Technologies on the Shanghai Stock Exchange and reports that a state-backed firm has begun mass-producing domestic immersion…

MSCI adds CXMT to China index after record Shanghai debut

MSCI announced on Tuesday that it will add CXMT Corporation to the MSCI China All Shares Index effective August 10, days after the Chinese memory chipmaker's record-breaking Shanghai listing sent its market value soaring past every other publicly traded company…

Kospi plunges 10% as chip selloff spreads globally

A sweeping selloff in semiconductor stocks cascaded from Asia to the United States on Tuesday, as investors questioned the sustainability of the AI-driven chip boom and reacted to the emergence of a major new Chinese competitor in memory chips.

Memory chip stocks tumble on CXMT’s debut, Nvidia financing fears

Shares of South Korea's two largest chipmakers fell sharply on Tuesday, with Samsung Electronics dropping as much as 8% and SK Hynix sliding nearly 10%, as investors digested a potent combination of headwinds: renewed concerns over Nvidia's circular financing arrangements…

CXMT surges 466% in Shanghai debut, sparking global memory stock selloff

Chinese memory chipmaker CXMT Corp surged more than 460% in its Shanghai debut on Monday, catapulting to the top of China's stock market by valuation — but the blockbuster listing sent shockwaves through global memory stocks, with SanDisk plunging over…

CXMT founder pledges $5.6B to employees after stock surges on debut

ChangXin Memory Technologies made its long-awaited debut on the Shanghai Stock Exchange on Monday, surging 466% on its first day of trading and minting billions for founder and chairman Zhu Yiming — much of which he has promised to give…

CXMT surges on Shanghai debut, validating crypto pre-IPO market

ChangXin Memory Technologies opened trading on Shanghai's STAR Market on Monday at 49.5 yuan per share — a 472 percent surge from its IPO price of 8.66 yuan — instantly making it one of the most valuable companies listed in…

CXMT surges over 500% in Shanghai debut after Asia’s biggest IPO of 2026

Chinese memory chipmaker ChangXin Memory Technologies made a blockbuster stock market debut on Monday, with shares soaring more than 500% on Shanghai's STAR Market to make the company mainland China's most valuable listed firm. The listing caps Asia's largest initial…

China’s CXMT charges Huawei premium prices as AI demand surges

Chinese memory chipmakers ChangXin Memory Technologies and Yangtze Memory Technologies Corp have flipped the script on the global semiconductor market, charging higher prices than established rivals Samsung Electronics and SK Hynix in certain product categories as surging artificial intelligence demand…

CXMT signs $7B ByteDance deal ahead of Shanghai IPO

ChangXin Memory Technologies, China's largest DRAM manufacturer, has signed a five-year supply agreement with ByteDance worth more than $7 billion, according to a Reuters investigation published Thursday. The deal cements CXMT's transformation from a low-cost alternative into a supplier capable…

China’s CXMT set to debut Monday after record $8.6B IPO

ChangXin Memory Technologies, China's largest memory chipmaker, is set to debut on the Shanghai Stock Exchange on Monday after raising 57.9 billion yuan ($8.6 billion) in Asia's biggest initial public offering this year. The listing on Shanghai's STAR Market marks…

SK Hynix scouts U.S. factory sites to fight ‘chipflation’

Even as memory chip makers enjoy record profits and a historic supply shortage, Wall Street is growing uneasy about what comes next. Samsung, SK Hynix, and Micron are all pursuing massive capacity expansions simultaneously, raising the specter of an oversupply…

CXMT’s $8.6B IPO sparks China’s worst weekly sell-off in over two years

China's stock markets closed sharply lower on Friday, posting their worst weekly performance in more than two years, as fears of a liquidity drain tied to memory chipmaker ChangXin Memory Technologies' $8.6 billion initial public offering rattled investors and a…

CXMT’s record Shanghai IPO 200 times oversubscribed

ChangXin Memory Technologies' blockbuster initial public offering on Shanghai's STAR Market was more than 200 times oversubscribed by retail investors on Thursday, according to an exchange filing, cementing its status as Asia's largest share sale of 2026.

Memory chips sell off as China’s CXMT announces $8.6B IPO

SK Hynix stormed onto Wall Street last week with a $26.5 billion listing — the largest US debut by a foreign company in history — but the euphoria has since given way to a punishing sell-off that has swept across…