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CXMT posted nearly $20 billion in profit, positioning it as a challenger to Micron in the AI chip market.

Profit on that scale gives CXMT the cash to expand capacity aggressively, intensifying price and supply competition with Micron in memory.
Trade pressSlicast · October 17, 2026 at 18:07 UTC · US · Source: Pluang
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CXMT posted nearly $20 billion in profit,… · Slicast