Market pressure persists as CXMT remains absent from the rankings for high-bandwidth memory, a segment where SK Hynix, Samsung, and Micron held 50%, 33%, and 18% shares respectively in the second quarter, according to Counterpoint. To close the technology gap, the chipmaker plans to introduce a server DDR5 chip featuring denser 4F² cells by the end of the year. However, it continues to face US export controls on advanced EUV tools and a process lag of 5 to 7 years behind Korean competitors.
Tuesday, October 20, 2026
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CXMT Shares Drop Over 6% Despite 132.5B Yuan Net Income
Earnings2 days ago
The stock of China's biggest DRAM producer declined on Monday as investors reacted to slowing quarterly growth and technical gaps in its product lineup. The sell-off followed a report that preliminary nine-month net income reached 131B to 132.5B yuan for the period ending September, a reversal from a 5.3B yuan loss during the same window a year earlier. Third-quarter net profit attributable to shareholders is estimated between 53.395B and 54.895B yuan, meaning growth of 1% to 4% quarter-on-quarter, a deceleration from the 113% growth seen in the second quarter.
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