The Marked Chart Wire · Series of events
Series of events · CXMT
CXMT posts profit and revenue surge after chip launch plans
ChangXin Memory Technologies reported strong financial results following its announcement of new DDR5 server chip plans.
Updated
The flow in 3 points
- CXMT targets DDR5 server chip launch by late 2026
- Nine-month net income reached 132.5 billion yuan
- Third-quarter revenue rose 613 percent to 118.7 billion yuan
What happened, in order
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Where it began
DDR5 launch plan
CXMT plans to release DDR5 server memory using a new 4F² design by year-end, noting its fifth-generation line began volume output in September.
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Profit reversal
CXMT reported net income of 132.5 billion yuan for the first nine months of the year, reversing a loss in the same period a year earlier.
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Turning point
Stock dip
Shares fell 6.5 percent despite a projected nine-month net profit of 131 billion to 132.5 billion yuan and a 10 percent global DRAM revenue share.
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Latest
Sales jump
CXMT saw third-quarter revenue rise 613 percent year over year to about 118.7 billion yuan.
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How they connect
The company first outlined its technical roadmap for new server chips. It then reported a significant shift to profitability, followed by a market reaction where shares declined despite the strong forecast, and finally detailed a major year-over-year increase in quarterly sales.
What to watch
- DDR5 server chip launch targeted for late 2026
The stocks in this series
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