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CXMT’s nine-month revenue surges over 700% as memory chip boom fuels technology push - Global Times

Chinese memory chipmaker CXMT reported revenue of 269.02 billion yuan ($40.39 billion) in the first nine months of 2026, up 738.51 percent year-on-year, and net profit attributable to shareholders of 132.04 billion yuan, reversing a loss recorded in the same period last year, according to its financial report released on Friday. The results reflect a global shortage of dynamic random-access memory (DRAM) chips, as well as the company's expanding production and technological advances, analysts said.