{"id":22658,"date":"2026-07-02T09:28:36","date_gmt":"2026-07-02T09:28:36","guid":{"rendered":"https:\/\/jobuzo.com\/en\/can-chinas-memory-chip-giant-cxmt-keep-thriving-after-ipo-and-ai-boom\/"},"modified":"2026-07-02T09:28:36","modified_gmt":"2026-07-02T09:28:36","slug":"can-chinas-memory-chip-giant-cxmt-keep-thriving-after-ipo-and-ai-boom","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/can-chinas-memory-chip-giant-cxmt-keep-thriving-after-ipo-and-ai-boom\/","title":{"rendered":"Can China\u2019s memory chip giant CXMT keep thriving after IPO and AI boom?"},"content":{"rendered":"<div>\n<div><img decoding=\"async\" src=\"https:\/\/cdn.i-scmp.com\/sites\/default\/files\/styles\/og_image_scmp_generic\/public\/d8\/images\/canvas\/2026\/07\/02\/f3e1bb46-f20a-4c21-bba9-d6bd602964df_ddd092bb.jpg?itok=2W73aIQX&amp;v=1782981940\" class=\"ff-og-image-inserted\"><\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">As China&rsquo;s leading DRAM maker ChangXin Memory Technologies (CXMT) prepares for its expected 29.5 billion yuan (US$4.3 billion) Shanghai Star Market listing, the critical question facing investors is whether the firm can convert its cyclical windfall into permanent industry leadership.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The Hefei-based chipmaker enters the market at a uniquely lucrative moment: a global memory shortage driven by surging artificial intelligence computing demand has triggered a massive upcycle in pricing, delivering windfall earnings.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In the first quarter, CXMT&rsquo;s revenue jumped 719 per cent year on year, swinging from a loss of 2.83 billion yuan a year earlier to a net profit of 33 billion yuan. Its average selling prices are now within 5 to 10 per cent of global leaders Samsung Electronics, SK Hynix and Micron Technology, according to estimates by research firm SemiAnalysis.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">CXMT has started taking orders for its advanced DDR5 server memory products from Tencent Holdings and ByteDance after completing customer validation, according to a person familiar with China&rsquo;s server memory supply chain, who declined to be named because he was not authorised to speak to the media.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The chipmaker&rsquo;s customer portfolio spans other tech giants including Alibaba Cloud, Lenovo, Xiaomi, Oppo, Vivo, Transsion and Honor, covering sectors from data centres to personal computers and smartphones. Alibaba Cloud is part of Alibaba Group Holding, owner of the South China Morning Post.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Amid soaring international component costs, Apple is lobbying Washington for regulatory clearance to buy memory from CXMT, according to recent reports by the Financial Times and Bloomberg.<\/p>\n<\/div>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p><sub>Can China&rsquo;s memory chip giant CXMT keep thriving after IPO and AI boom?<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As China&rsquo;s leading DRAM maker ChangXin Memory Technologies (CXMT) prepares for its expected 29.5 billion yuan (US$4.3 billion) Shanghai Star Market listing, the critical question facing investors is whether the firm can convert its cyclical windfall into permanent industry leadership. The Hefei-based chipmaker enters the market at a uniquely lucrative moment: a global memory shortage&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/can-chinas-memory-chip-giant-cxmt-keep-thriving-after-ipo-and-ai-boom\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Can China\u2019s memory chip giant CXMT keep thriving after IPO and AI boom?&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":22659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/22658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=22658"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/22658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/22659"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=22658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=22658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=22658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}