China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

Published on · Source: cnbc.com

China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

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Summarized by AI from the source below

QINGDAO, CHINA - SEPTEMBER 04: A general view shows facilities related to Changxin Memory Technologies on September 4, 2026 in Qingdao, Shandong Province of China. The company's global DRAM market share has exceeded 10 percent following increased production capacity at its Hefei and Beijing lines, positioning it as the fourth-largest supplier worldwide while advancing research and development in advanced processes and high-bandwidth memory (HBM). (Photo by VCG/VCG via Getty Images) Vcg | Visual

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