Executive Summary
- •At 12.8 Gbps, the new chips target the smartphone market. And the company is building additional Beijing plants to expand the monthly wafer capacity of approximately 100,000 units they operate with.
- •With approximately $7.5 billion in Q1 2026 revenue, their global DRAM market share jumped to around 8%.
- •Shares surged over 466% on debut after a Shanghai IPO raised approximately $8.55 billion.
Community Sentiment
Key Developments & Data
CXMT completes LPDDR6 validation to rival Samsung, SK Hynix, and Micron $MU.
At 12.8 Gbps, the new chips target the smartphone market. And the company is building additional Beijing plants to expand the monthly wafer capacity of approximately 100,000 units they operate with.
With approximately $7.5 billion in Q1 2026 revenue, their global DRAM market share jumped to around 8%.
Shares surged over 466% on debut after a Shanghai IPO raised approximately $8.55 billion.
According to reports, Apple $AAPL shows interest in sourcing CXMT hardware. But they haven't confirmed a formal deal.
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