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Micron’s Chinese rival just reported its first earnings as a public company — and sales are booming
CXMT, the Chinese memory-chip producer, on Friday reported its first financials as a public company that showed that how much it is benefiting from surge in artificial-intelligence services lifting prices.
AI Summary
CXMT, a Chinese memory‑chip producer, released its inaugural public‑company earnings on Friday, indicating that rising artificial‑intelligence service demand has boosted chip prices and benefited the firm.
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