---
format: "aidr-story-markdown/v1"
id: "21146bab1187dd2424db3e76cc157349034fa98e4296410ed97a3af164ff1f3c"
canonical_url: "https://aidr.today/21146bab?lang=en"
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)"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-10-30T12:20:02.000Z"
category: "Industry"
topics: ["chips","china"]
source_urls: ["https://www.techmeme.com/261030/p12","https://x.com/Techmeme/status/2116143294052962404","https://x.com/MarketNews_Feed/status/2116114168059166999","https://x.com/OpenOutcrier/status/2116123911293128892","https://huggingnews.com/earnings/chinas-cxmt-swings-back-to-profit-on-613percent-surge-in-q3-sales-002797f1","https://marketbrief.now/earnings/chinas-cxmt-swings-back-to-profit-on-613percent-surge-in-q3-sales-002797f1","https://huggingnews.com/earnings/cxmt-reports-198b-profit-over-nine-months-as-revenue-hits-40b-749715db","https://marketbrief.now/earnings/cxmt-reports-198b-profit-over-nine-months-as-revenue-hits-40b-749715db"]
summary: "China's CXMT reported third-quarter revenue of approximately $16.7B, up 613.2% year-over-year, and a net profit of approximately $8.17B, swinging to profitability on the back of rising AI-driven memory chip prices."
---

# 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 \(Reuters\)

> [Open the canonical story](<https://aidr.today/21146bab?lang=en>)

**Published:** 2026-10-30T12:20:02.000Z
**Category:** Industry
**Topics:** chips, china

## Summary

China's CXMT reported third\-quarter revenue of approximately $16\.7B, up 613\.2% year\-over\-year, and a net profit of approximately $8\.17B, swinging to profitability on the back of rising AI\-driven memory chip prices\.

## Sources

- [Story source](<https://www.techmeme.com/261030/p12>)
- [Story source](<https://x.com/Techmeme/status/2116143294052962404>)
- [Supporting source](<https://x.com/MarketNews_Feed/status/2116114168059166999>)
- [Supporting source](<https://x.com/OpenOutcrier/status/2116123911293128892>)
- [Story source](<https://huggingnews.com/earnings/chinas-cxmt-swings-back-to-profit-on-613percent-surge-in-q3-sales-002797f1>)
- [Story source](<https://marketbrief.now/earnings/chinas-cxmt-swings-back-to-profit-on-613percent-surge-in-q3-sales-002797f1>)
- [Story source](<https://huggingnews.com/earnings/cxmt-reports-198b-profit-over-nine-months-as-revenue-hits-40b-749715db>)
- [Story source](<https://marketbrief.now/earnings/cxmt-reports-198b-profit-over-nine-months-as-revenue-hits-40b-749715db>)