CXMT stock news
ChangXin Memory Technologies (CXMT, SHA: 688825) achieved a record EBIT margin of 82% in the second quarter of 2026, surpassing global leaders Samsung Electronics and SK Hynix to become the world's most profitable memory manufacturer for the period. According to data released on September 11, 2026, the company's revenue surged approximately 10--fold year--on--year, reaching 150.31 billion yuan for the first half of the year. This performance was driven by a global supply shortage in the commodity DRAM market as competitors shifted production capacity toward "High Bandwidth Memory" (HBM) for artificial intelligence applications.