US chip giant Micron validates growth of China’s CXMT and YMTC amid tight memory market

Source: Tech – South China Morning PostAs US chip giant Micron Technology posted better-than-expected quarterly results and offered upbeat guidance, easing market concerns over a potential AI bubble, it also acknowledged the growing capabilities and market share of China’s top memory chipmakers.
When asked about competition from ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) during an earnings call on Wednesday, Micron chief business officer Sumit Sadana said they had both grown in capability and…Read More

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