Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier (Bloomberg)

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Bloomberg : Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier   —  CXMT Corp.'s first-half revenue leapt almost 10-fold while profit surged, reflecting a rush for AI hardware that's made the memory chipmaker China's most valuable business.

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