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China’s CXMT Swings to Profit After Memory Chip Prices Surge
First reported by Bloomberg ·
The signal
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Brief pending · reported by Bloomberg, the single source so far
What happened
Chinese chipmaker CXMT Corp. reported a surge in preliminary profit and sales during the first nine months of the year after global demand for memory sent prices of the components soaring.
Source description shown. AI brief pending.
Chinas