Chinese Memory Leader CXMT’s Sales Surge Yet Growth Slows

CXMT Corp. posted a sevenfold surge in quarterly revenue, though the pace of acceleration slowed in a sign that an AI-fueled rally in Chinese memory chip prices may be losing steam.

Read the full story at Bloomberg AI ↗

Timeline · 1 report

2026-10-30 10:39 · Bloomberg AI
Chinese Memory Leader CXMT’s Sales Surge Yet Growth Slows

More stories

Meta quietly launches an AI fashion app called Style Sketch — TechCrunch AI
8 examples of Gemini 4 Argon in action — Google Gemini Blog
Software updates aren’t what they used to be — Epoch AI
Finnish police launch criminal probe over forest cleared for Google data center — The Hill Technology
We’re About to Find Out If We’re in an A.I. Bubble — New York Times AI
US investigated Chinese spy plot aimed at Nvidia CEO — TechCrunch AI
Using ChatGPT before a medical appointment? How to get the best support for your health questions — The Conversation AI (US)
Reddit will force users to log in as AI is killing search traffic — Engadget

Get the daily brief of stories like this at 6:30 every morning →