South China Morning Post·4 min read·hard
What CXMT must do to grow global memory market share and build on its surge: analysts
H
Howard Liu
✦AI Summary
Chinese chipmaker CXMT has seen a massive surge in market value and is projected to significantly increase its global DRAM market share by 2028. Analysts suggest this growth is driven by high demand for AI computing and China's push for domestic semiconductor self-sufficiency.
Shares of ChangXin Memory Technologies (CXMT) could more than double from Monday’s close as the Chinese chipmaker expands its global dynamic random-access memory (DRAM) market share to 18 per cent by 2028, according to Nomura, which set a price target of 116 yuan.
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