China's Memory Chip Giant: The Boom That Could Change Everything Changxin Memory Technologies (CXMT), China's top memory chipmaker, is poised to capitalize on the current boom in memory chip prices.
CXMT's first half revenue is projected to reach between 110 billion and 120 billion yuan ($17. 62 billion), a significant surge from previous years.
The artificial intelligence driven explosion in computing demand has created a global shortage of dynamic random access memory (DRAM) chips, driving DRAM prices sharply higher since the second half of 2025.