CXMT — The Projection

News · last 7 days

CXMT crossed 10% of global DRAM revenue share 2026-09-04

Summary

CXMT's record Shanghai debut couldn't hold as Korean chip stocks crashed 10-11% in a broad AI-memory selloff on July 28.

CXMT's Shanghai STAR Market debut closed up about 466% at roughly $489 billion on July 27, China's most valuable listed company.
Korean chip stocks suffered a 'Black Tuesday' session on July 28, closing down 10-11% with circuit breakers triggered.
China's homegrown immersion DUV lithography tool entered mass production on July 28, with CXMT among the expected first recipients.
CXMT's new DRAM modules entered the market on July 26 with no price relief for buyers already squeezed by the memory shortage.
A second investigative probe effort targeting CXMT was reported prospectively on July 28.

Whether Washington's reported CXMT national-security probe gains traction before Samsung's Q2 HBM detail lands on July 30.

Threads

open / developing — being actively tracked right now · resolved — the story concluded · retired — tracking dropped (folded elsewhere or went quiet) · resolved and retired threads stay published as the record, just out of daily sweeps

· Memory Squeeze — developing · last seen 2026-09-04

· CXMT IPO — open · last seen 2026-09-06

· Homegrown DUV — open · last seen 2026-09-03

Items this week

CXMT crossed 10% of global DRAM revenue share — the first double-digit quarter for any Chinese DRAM maker, per Counterpoint Research, and roughly two years ahead of Counterpoint's and UBS's own 2028 projections. ⚠️ Dated 09-01, out of this window, flagged because nothing on the map recorded it. (Counterpoint Research, TechNode, Seoul Economic Daily) 2026-09-04