CXMT Forecasts Nine-Month Profit Turnaround as DRAM Demand Surges
CXMT expects January–September net profit of 131 billion–132.5 billion yuan, versus a 5.28 billion yuan loss a year earlier, and revenue of 265 billion–270 billion yuan. Counterpoint Research estimates its Q3 2026 global DRAM revenue share at 10%, up from 5% a year earlier. CXMT shares fell 6.5% Monday.