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المشهد العربي
CXT's Chinese Sales Boosted by Memory Chips
CXMTE, a Chinese company, achieved exceptional revenue growth in the first half of 2026, reaching 150.31 billion yuan (approximately $22.4 billion), representing an increase of 873.64% compared to the same period last year, driven by strong demand for AI-oriented memory chips. The company's net profits also exceeded 77.61 billion yuan, after a loss of 2.33 billion yuan last year, marking a significant turnaround in its financial performance and surpassing initial expectations.
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