CXMT Corporation Class A 688825
SSE · China · Electronic Technology
CNY 54.79-0.76 (-1.37%)
Market closed· · CNY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · CNY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Micron says its technology remains at least two nodes ahead of Chinese memory rivals.
Investing.com-- Chinese chipmaking stocks fell sharply on Monday after a report said Beijing was considering allowing some local firms to buy NVIDIA Corp’s (NASDAQ:NVDA) advanced chips.
CXMT's denser DRAM platform pressures mainstream memory economics before proving saleable yields and global customer acceptance.
You own Micron Technology (MU) for its memory boom, and the worry is competition. The boom itself shows in the numbers. Micron's revenue over the last twelve months was $90.3 billion, against $33.8 billion a year earlier. The company is now valued at about $1.09 trillion, so a dent in those sales would matter to you. Which memory rivals should you watch, and how close are they.
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