China chipmaker CXMT logs 1,688% profit surge amid global memory crunch
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Source: Nikkei Asia
Published: 2026-05-18 11:14 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Technology & AI, China, Financial Markets, World News, Business & Economy, Asia Pacific, Technology
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Snippet:
China's CXMT has benefited from a global crunch in memory chips, which has sent prices skyrocketing. © Reuters
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