Business

Micron’s Chinese rival just reported its first earnings as a public company — and sales are booming

MarketWatch · August 28, 2026 at 9:01 AM

Micron’s Chinese rival just reported its first earnings as a public company — and sales are booming

CXMT, the Chinese memory-chip producer, on Friday reported its first financials as a public company that showed that how much it is benefiting from surge in artificial-intelligence services lifting prices.

Read the full article on MarketWatch ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.marketwatch.com — the content belongs to MarketWatch.

Micron’s Chinese rival just reported its first earnings as a public company — and sales are booming

More from MarketWatch

My father-in-law passed away, leaving a house with tenants. Do I evict them?

How the private-listing war between Zillow and Compass could cost home buyers and sellers

Home prices in Chicago have jumped more over the past year than in any other U.S. city

This new Social Security math could lead us down a dangerous road

More in Business

2-year Treasury yield jumps as Warsh says Fed may 'have work to do'

Fed Chairman Warsh expresses concern about inflation advocates for 'quieter' central bank: Watch live

My father-in-law passed away, leaving a house with tenants. Do I evict them?

Fed chair Kevin Warsh, worried about inflation, offers scant clarity on next move

How the private-listing war between Zillow and Compass could cost home buyers and sellers

I spent $10 on breakfast at Dunkin', Starbucks, and Tim Hortons. One chain provided the best value by a long shot.