---
title: "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 (Reuters)"
type: signal
url: https://frontiernewswire.com/s/cxmt-reports-q3-revenue-of-16-7b-up-613-2-yoy-and-a-net-profit-of-8-21534249
published: 2026-10-30T12:20:02.000Z
byline: "Source: TECHMEME"
---

# 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 (Reuters)

Source: TECHMEME · Published 2026-10-30 · Canonical: https://frontiernewswire.com/s/cxmt-reports-q3-revenue-of-16-7b-up-613-2-yoy-and-a-net-profit-of-8-21534249

Reuters : 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 — China's CXMT (688825.SS) said on Friday it swung to a net profit in the third quarter as surging AI-driven demand drove prices higher for its memory chips.

In this story: [CXMT](https://frontiernewswire.com/companies/cxmt), [Reuters](https://frontiernewswire.com/companies/reuters)

## Sources

- [Read the original at TECHMEME](https://www.techmeme.com/261030/p12#a261030p12)

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