China's CXMT tops SK Hynix, Micron to take memory profit margin crown - Nikkei Asia

Chinese chipmaker ChangXin Memory Technologies (CXMT) has overtaken South Korean SK Hynix and U.S. Micron Technology to claim the lead in memory profit margins, signaling a major shift in a sector lon... Read original →

CXMT’s rise to the top in DRAM profit margins marks a historic breakthrough for Chinese semiconductor firms in high-value memory segments. This shift directly impacts upstream suppliers such as silicon wafers, photoresists, and equipment, especially those reliant on EUV lithography and high-purity silicon. From a compliance standpoint, the ongoing fragmentation of global supply chains offers Chinese players strategic advantages but also exposes them to heightened export controls and tech restrictions. SK Hynix and Micron may respond with M&A or R&D alliances to counter this emerging threat. Over the next 12–24 months, sustained demand from PCs and AI servers could further boost CXMT’s market share, with DRAM pricing volatility becoming a key driver of industry-wide profit redistribution.