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China's CXMT reports 873% revenue growth in H1 2026 amid aggressive DRAM expansion
South China Morning PostLO·CN·about 6 hours ago
Chinese memory manufacturer CXMT reported a significant surge in H1 revenue to $22.4 billion, reflecting increased domestic and global demand for semiconductor components. The growth highlights the company's expanding role in the memory market despite ongoing international export controls on advanced chip technology.
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