{"id":7217,"date":"2026-10-20T07:14:04","date_gmt":"2026-10-20T07:14:04","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/10\/20\/chinas-cxmt-shares-fall-7-8-despite-dramatic-profit-turnaround-on-soaring-ai-demand\/"},"modified":"2026-10-20T07:14:04","modified_gmt":"2026-10-20T07:14:04","slug":"chinas-cxmt-shares-fall-7-8-despite-dramatic-profit-turnaround-on-soaring-ai-demand","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/10\/20\/chinas-cxmt-shares-fall-7-8-despite-dramatic-profit-turnaround-on-soaring-ai-demand\/","title":{"rendered":"China&#8217;s CXMT Shares Fall 7.8% Despite Dramatic Profit Turnaround on Soaring AI Demand"},"content":{"rendered":"<p>ChangXin Memory Technologies (CXMT) saw its shares drop by 7.8% on Monday, October 19, 2026, despite forecasting a massive profit turnaround for the first nine months of the year, driven by surging AI computing demand. The Chinese chipmaker expects net profits of up to 132.5 billion yuan, reversing a significant loss, and has expanded its global DRAM market share to 10%. However, broader market concerns about AI financing and a potential chip supply glut have dampened investor sentiment across the sector.<\/p>\n<p><\/p>\n<p style=\"text-align: left;font-style: normal;font-weight: bold\"><a href=\"https:\/\/www.cnbc.com\/2026\/10\/20\/china-cxmt-shares-fall-despite-chipmaker-profit-turnaround.html\" target=\"_blank\" rel=\"noopener noreferrer\">READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ChangXin Memory Technologies (CXMT) saw its shares drop by 7.8% on Monday, October 19, 2026, despite forecasting a massive profit turnaround for the first nine months of the year, driven by surging AI computing demand. The Chinese chipmaker expects net profits of up to 132.5 billion yuan, reversing a significant loss, and has expanded its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108430238-1792369350714-gettyimages-2293594732-vcg111664074027.jpeg?v=1792369398&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[28,29,31,33],"tags":[],"class_list":["post-7217","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-global-affairs","category-technology","category-world","rifnote_team-changxin-memory-technologies","rifnote_country-china"],"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108430238-1792369350714-gettyimages-2293594732-vcg111664074027.jpeg?v=1792369398&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/7217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=7217"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/7217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/7218"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=7217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=7217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=7217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}