China’s leading memory-chip maker, ChangXin Memory Technologies, has begun producing advanced high-bandwidth memory in small quantities, a milestone that could ease a key constraint on the country’s development of homegrown AI processors. CXMT is making HBM3E, an advanced type of high-bandwidth ...

China's CXMT reports an 870% revenue surge to $22.4 billion and $10.8 billion profit as AI demand fuels memory chip sales.

The Chinese chipmaker posted net profit of 77.6 billion yuan in its first earnings report since going public in July