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The Business Brief FRIDAY, 28 AUGUST 2026
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Chinese Chipmaker CXMT’s Sales Soar Amid Memory Crunch

1 source ·1 article ·2h ago

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.

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Bloomberg 1

All coverage · 1 article

Bloomberg Technology ·2h ago

Chinese Chipmaker CXMT’s Sales Soar Amid Memory Crunch

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.