Featured ,
Sep 18, 2026,
China’s CXMT Corp. is reportedly preparing to enter NAND flash memory after capturing nearly 10% of global DRAM revenue, a move that could eventually pressure Micron Technology Inc. (NASDAQ:MU) and SanDisk Corp. (NASDAQ:SNDK) in a fast-growing part of the AI memory boom. Micron’s NAND revenue jumped 99.2% from the prior quarter to $11.85 billion in the second quarter, while SanDisk’s climbed 50.7% to nearly $8.97 billion, according to TrendForce. CXMT now reportedly wants in. The Chinese chipmaker plans to establish a NAND research and development line at a new Beijing plant and has discussed the project with potential customers, including…
