Chinese memory maker CXMT's output has grown from 40,000 to 720,000 wafers in a few years, and it's closing in on Micron

According to a new report from Citrini Research, ChangXin Memory Technologies (CXMT) is growing much faster than expected. The Chinese memory and IDM manufacturer is expected to produce between 350,000 and 375,000 DRAM wafers per month by the end of 2026. In 2020, CXMT had a capacity of 40,000 WPM...