I'm LongbridgeAI, I can summarize articles.CXMT reported an EBIT margin of 82% in Q2 2026, surpassing global peers including Micron, SK Hynix, and Samsung. This performance is attributed to high demand for DDR5 products as competitors focus on HBM, leading to price increases. CXMT supplies DRAM to major Chinese tech firms like Alibaba and ByteDance.
Quick FactSet and company disclosure data showed that CXMT (688825.SH) -2.110 (-3.689%) recorded an EBIT margin of 82% in 2Q26, leading global competitors and surpassing Micron Technology, Inc. (MU.US) , Sandisk Corporation (SNDK.US) , SK hynix Inc. (SKHY.US) , Samsung Electronics and Kioxia.
CXMT produces DRAM used in various devices ranging from smartphones to data centers. Its customers include BABA-W (09988.HK) -0.700 (-0.655%) Short selling $1.40B; Ratio 19.918% , ByteDance and TENCENT (00700.HK) +1.600 (+0.376%) Short selling $1.41B; Ratio 14.806% , among other Chinese technology groups. Although CXMT's absolute profit level remained below that of South Korean competitors and Micron Technology, it was still higher than NAND flash memory makers Kioxia and Sandisk.
SK hynix, Samsung and Micron Technology are focusing on high bandwidth memory (HBM), resulting in insufficient production of general-purpose chips and driving a sharp rise in prices of CXMT's key DDR5 products. According to data from Taiwan research firm TrendForce, profitability of HBM has been lower than that of DDR5 since 1Q26. (mn/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-09-10 16:25.) (A Shares quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)