China's CXMT Just Grew 719% Overnight

追加: 2026-06-02

[00:00:00]The chip war just shifted. A Chinese company you've never heard of just posted 719% revenue growth in a single quarter. Changxin Memory Technologies just became the fourth largest DRAM maker on Earth. For decades, Samsung, SK Hynix, and Micron controlled over 91% of all memory chips sold worldwide. Then the AI boom changed everything. All three giants pivoted their factories to build high-bandwidth memory chips for AI. That left a massive supply vacuum in everyday DRAM. The chips in your laptop, your phone, your server.

[00:00:31]Prices surged nearly 100%. CXMT rushed in to fill that gap. Their Q1 2026 revenue hit 50.8 billion won. That's $7.5 billion.

[00:00:42]Their net profit exploded 1688%.

[00:00:45]Going from a billion yuan loss to a 25 billion yuan profit in one quarter.

[00:00:49]>> [music] >> And here's the twist. CXMT chips are already inside your PC.

[00:00:54]Corsair is shipping DDR5 kits built entirely with CXMT memory. CXMT modules sell for around $150. Roughly half what Samsung or Micron charges. HP, Dell, and Asus are already qualifying them. CXMT lost money for nearly a decade. 36.65 billion yuan in cumulative losses. Now their first half profit alone will erase all of it. They're now pursuing a $4.3 billion IPO on Shanghai's Star Market to fund even more expansion. [music] US lawmakers are pushing the MATCH Act to cut off CXMT's equipment access. But the supply gap may already be too wide to close. The DRAM oligopoly has been fractured. The chip war has shifted.

[00:01:35]Follow for more on the biggest moves in global tech.