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[HARDWARE]■ STORY TIMELINE

CHINESE CHIPMAKER CXMT SALES SURGE TENFOLD

CXMT Corp. reported nearly 10-fold revenue growth in the first half of 2024, driven by surging demand for memory chips used in AI hardware. The company's profit also climbed sharply, making it China's most valuable chipmaker.

2 SOURCESFIRST SEEN AUG 28, 10:24 AM► READ THE ARTICLE
Bloomberg Tech+0m

CXMT Corp.’s first-half revenue leapt almost 10-fold while profit surged, reflecting a rush for AI hardware that’s made…

Bloomberg Tech+17h 15m

CXMT Corp. filed a lawsuit against the US Department of Defense, seeking removal from a blacklist that identified the Ch…