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Chinese Chipmaker CXMT’s Sales Jump 10-Fold As AI Demand Soars

A CXMT Corp. chip fabrication plant in the E-Town tech hub in Beijing.Photographer: Qilai Shen/BloombergCXMT Corp.’s first-half revenue leapt almost 10-fold while profit surged, reflecting a rush for AI hardware that’s made the memory chipmaker China’s most valuable business.The Hefei-based company’s revenue expanded to 150.3 billion yuan ($22.4 billion) in the first six months, more than double the sales it raked in across all of 2025. It postedBloomberg Terminal a profit of 77.6 billion yuan, ...

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