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Marketplace Tech · Friday, July 31, 2026

China's CXMT Rapidly Growing Market Share in Memory Chips

Chinese memory chip maker CXMT has shown rapid growth in market share over the last few quarters, following its US listing. This development is occurring on both the model and hardware sides of AI technology.

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The tape

3 quotes
We saw recently CXMT, which is a memory chip maker in China, go public.
Anita Ramaswami
And it's almost out of left field that CXMT out of China, they have very small market share, but they've been able to grow it really rapidly in the last couple of quarters.
Anita Ramaswami
So I think it's definitely a space to watch.
Anita Ramaswami
Heard on Marketplace Tech — “Meta and Microsoft report different AI earnings, published Friday, July 31, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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China's CXMT Rapidly Growing Market Share in Memory Chips — Heardvine