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This Chinese computer chip maker burned through $5 billion in a decade — then made it all back in a single quarter

Over the past year, the memory chip maker ChangXin Memory Technologies (CXMT) turned from a cash drainer into China’s biggest AI gainer. According to Financial Times, this high-tech firm based in the ...
U.S. News & World Report

China’s Memory Chip Makers Ride AI Boom to New Power — and U.S. Scrutiny

(Corrects para 18 to say that CXMT will debut on the market, not launch its IPO) SINGAPORE, July 24 (Reuters) - For months, Chinese chip manufacturer ChangXin Memory Technologies (CXMT) had been ...
Wall Street Journal

Computer Makers Are Selling Fewer PCs at Higher Prices. So Far, It’s Working

Computer makers have been forced into an interesting trade off: Sell fewer PCs at far higher prices. The trend is being driven by the same shortage of memory chips, and accompanying soaring costs, ...