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Chinese Chip Leader CXMT’s Sales Rise Sevenfold Yet Growth Slows
Bloomberg Tech·37m ago·1 min read·0·Excerpt · Fair Use
CXMT Corp. posted a sevenfold surge in quarterly revenue, though the pace of acceleration slowed in a sign that an AI-fueled rally in Chinese memory chip prices may be losing steam. The company swung from a loss to a profit, after aggressive capacity…
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