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China chipmaker CXMT logs 1,688% profit surge amid global memory crunch

The DRAM maker plans to list on Shanghai’s Star Market, supporting Beijing’s push to localize chip production.

3 mins read
  • The Chinese tech giant is absorbing AI’s cash burn as it prioritizes deployment over monetization.

    Insights

    Tencent is putting AI into everything, but when will it pay off?

    10 mins read

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