CXMT stock news

On October 28, 2026, reports revealed that ChangXin Memory Technologies (CXMT, SHA: 688825) plans to initiate small--scale production of HBM3E memory chips in December 2026, having delivered engineering samples to domestic artificial intelligence accelerator developers. CXMT is moving ahead with production despite yields of only 20% to 30%—compared to approximately 70% at global peers like SK Hynix—in an effort to mitigate domestic AI memory shortages triggered by U.S. export controls.