CXMT and Inspur filed within an hour of each other on the evening of 28 August Beijing time. The numbers are extraordinary, the unit is a trap, and neither result is the HBM breakthrough it will be framed as.
2d ago
CXMT passed Tencent at about RMB 3.54 trillion. The company it overtook is one of its customers, and had just disclosed a 176% jump in AI capex.
Aug 14, 2026
35.2 trillion won for a Yongin DRAM fab, 19.1 trillion for a Cheongju NAND fab. Neither touches the memory shortage that prompted them.
Aug 9, 2026
CXMT memory has entered notebooks from three global brands in limited volumes. The reason is not price — it is that AI data centres are consuming 70% of memory production and there is nothing else to buy.
Aug 6, 2026
A 20-year-old NAND line at Hwaseong, idle for years, is being rebuilt as a commodity DRAM end-fab — the clearest sign yet that the AI memory squeeze has reached the cheap chips.
Jul 27, 2026
CXMT raised $8.6 billion in Asia's largest listing of the year, then closed up 466% — making it the most valuable company on mainland China's exchanges, on a 7.6% share of the DRAM market.
Jul 27, 2026
Citing AI-era memory demand, the only U.S. memory maker added roughly $50 billion to its onshoring plan and poured first concrete a quarter early at what it calls the largest chip site in American history.
Jul 11, 2026
