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CXMT Reports Revenue Surge on Memory Boom Ahead of Potential $4.1 Billion Shanghai IPOChangXin Memory Technologies (CXMT) reported a more than 700% year-on-year jump in first-quarter revenue to 50.8 billion yuan ($7.5 billion), with profit exceeding 20 billion yuan after a loss in the same period la

X·May 18, 2026
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