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ChangXin Memory forecasts net income up to $19.8 billion
Original: ChangXin Memory Technologies forecast net income of up to US$19.8 billion for the first nine months of 2026. Source: Sou
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has forecast net income of up to US$19.8 billion for the first nine months of 2026, according to the South China Morning Post. The projection highlights the scale of the Hefei-based firm's rapid growth as it expands in DRAM production, an area long dominated by South Korean and US competitors. Analysts are watching closely to see whether the company can deliver on such an aggressive outlook amid intensifying US-China chip tensions.
Why now: A strikingly large profit forecast from China's leading DRAM maker lands amid ongoing semiconductor trade tensions and scrutiny of its IPO-era disclosures.
ChangXin Memory TechnologiesSouth China Morning PostChina
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