CXMT reports Q3 revenue of ~$16.7B, up 613.2% YoY, and a net profit of ~$8.17B, swinging to profitability on the back of rising AI-driven memory chip prices
THE SO WHAT
CXMT’s 613% YoY revenue jump and ~$8.17B profit on AI-driven memory pricing shows where the value is accruing in the stack—into bandwidth and capacity, not just compute. If you’re budgeting AI infra, stop treating memory as a secondary line item; it’s becoming the profit center for suppliers and the choke point for you.
READ THE SOURCE
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