{"id":666401,"date":"2026-09-01T05:53:21","date_gmt":"2026-09-01T05:53:21","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/666401\/"},"modified":"2026-09-01T05:53:21","modified_gmt":"2026-09-01T05:53:21","slug":"mu-and-sndks-nascent-rebound-faces-a-new-test-chinas-cxmt-reportedly-makes-major-breakthrough-with-new-ai-memory-chip","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/666401\/","title":{"rendered":"MU And SNDK&#8217;s Nascent Rebound Faces A New Test \u2014 China&#8217;s CXMT Reportedly Makes Major Breakthrough With New AI Memory Chip"},"content":{"rendered":"\n<ul class=\"yf-1jsc1up\">\n<li class=\"yf-1jsc1up\">\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">China&#8217;s CXMT plans to expand HBM3E production in 2027, with Alibaba&#8217;s T-Head and Cambricon already testing the chips, according to The Information.  <\/p>\n<\/li>\n<li class=\"yf-1jsc1up\">\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Micron and SanDisk rebounded sharply last month after July&#8217;s selloff.  <\/p>\n<\/li>\n<li class=\"yf-1jsc1up\">\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Despite growing China risks, 82% of Stocktwits poll respondents expect the memory rally to continue into September.  <\/p>\n<\/li>\n<\/ul>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">China&#8217;s rapid advances in memory technology are emerging as a potential risk for Micron Technology and SanDisk Corp., with ChangXin Memory Technologies (CXMT) now reportedly producing small quantities of an advanced memory module used in AI chipsets.\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">CXMT has begun producing small quantities of HBM3E, an advanced memory technology widely used in AI accelerators, according to a\u00a0report in The Information. The company plans to expand production in 2027, with Alibaba&#8217;s T-Head and Chinese AI-chip designer Cambricon already testing it with their processors.\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/stocktwits.com\/newsletters\" data-ylk=\"slk:See%20what%2010M%2B%20investors%20are%20talking%20about.%20Get%20the%20Stocktwits%20Daily%20Rip%20for%20what%20retail%20is%20watching%20right%20now%2C%20free%20to%20your%20inbox;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If testing goes as planned, the companies could use CXMT&#8217;s HBM in products as early as next year. The development could eventually put pressure on Micron, SanDisk, and South Korea&#8217;s SK Hynix, major suppliers to the booming AI-memory market.\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Micron shares gained about 16%\u00a0in August, while SanDisk stock rose roughly 30%,\u00a0both staging a recovery after a hard fall in July. But investors are watching risks, including the emergence of cheaper AI models, which could ultimately reduce memory demand, and the growth of the Chinese memory industry.  <\/p>\n<p>            <strong>The Memory Market &#8211; And How It Could Change<\/strong>          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SK Hynix has been Nvidia&#8217;s main HBM supplier, while Micron is also expanding its HBM business. CXMT&#8217;s HBM3E is still behind the leading manufacturers; the company reportedly faces low yields and remains several years behind the leaders in HBM technology. But its progress suggests that China is steadily closing the gap.\u00a0\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">CXMT made a blockbuster stock-market debut in Shanghai on July 27. The Chinese DRAM maker raised about 57.9 billion yuan ($8.6 billion) in the offering, making it the largest semiconductor IPO on the mainland on record.\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Investor appetite was striking: CXMT shares rose a whopping 466% on the first day. The surge briefly made CXMT China&#8217;s most valuable listed company, with a market capitalization of more than 3.2 trillion yuan.\u00a0  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Another Chinese firm, YMTC, a leading NAND flash-memory maker, is pursuing a 33-billion-yuan ($4.9 billion) IPO for its parent company, CCSH, also in Shanghai.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">China&#8217;s domestic AI chipmakers have faced restrictions on accessing advanced foreign memory, making a local HBM supplier strategically important. A reliable domestic alternative could help Chinese chip designers build more capable AI systems while reducing their dependence on Micron, SK Hynix and Samsung.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">For memory investors, the threat also extends beyond HBM. YMTC has rapidly expanded in NAND flash and entered the global top three in shipments during the second quarter, with a 14% share, according to Counterpoint Research. SK Hynix ranked second with a 22% share, while Samsung led with 25%.\u00a0\u00a0  <\/p>\n<p>       <strong>Retail View On Memory Stocks<\/strong>         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">On Stocktwits, the retail sentiment was &#8216;neutral&#8217; for MU, &#8216;bearish&#8217; for SNDK and &#8216;extremely bearish&#8217; for SKHY and the Roundhill Memory ETF (DRAM). Sentiment has weakened for SNDK and SK Hynix over the past week, while it has improved for MU.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">According to a\u00a0<a href=\"https:\/\/stocktwits.com\/BullseyeGains\/message\/663294894\" data-ylk=\"slk:community%20poll;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;community poll&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">community poll<\/a> on Stocktwits, about 82% of traders who voted believe the memory rally would continue into September.  <\/p>\n<p>   <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/b38702fb92e5d963fe40f3883dda99d6d37b6adfb0ed7ca1b30e2039d6de29f1\/lightyear_networkapi\/resizefit_w960%3Bquality_80%3Bformat_webp\/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fstocktwits_383%2F8713ba46f78f02ca73e3820f2475514d.png\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Screenshot 2026-09-01 at 9.37.41\u202fAM.png\" height=\"386\" width=\"830\" class=\"yf-1f8hkhu loader\"\/><\/a>         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;$MU this CXMT BS needs to go away for this stock to move up,&#8221;\u00a0<a href=\"https:\/\/stocktwits.com\/Stocks_Guy_40\/message\/663303661\" data-ylk=\"slk:said;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;said&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">said<\/a> a trader. Year to date, MU stock has risen 236% and SNDK is up 560%.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">For updates and corrections, email newsroom[at]stocktwits[dot]com.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Read Next: \u200b\u200b<a href=\"https:\/\/stocktwits.com\/news-articles\/markets\/equity\/panw-vs-crwd-vs-okta-vs-zs-ai-threats-are-fueling-cybersecurity-stocks-which-has-the-biggest-wall-street-upside\/cZsoPz0RJtI\" data-ylk=\"slk:PANW%20Vs%20CRWD%20Vs%20OKTA%20Vs%20ZS%3A%20AI%20Threats%20Are%20Fueling%20Cybersecurity%20Stocks%20%E2%80%94%20Which%20Has%20The%20Biggest%20Wall%20Street%20Upside%3F;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;PANW Vs CRWD Vs OKTA Vs ZS: AI Threats Are Fueling Cybersecurity Stocks \u2014 Which Has The Biggest Wall Street Upside?&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">PANW Vs CRWD Vs OKTA Vs ZS: AI Threats Are Fueling Cybersecurity Stocks \u2014 Which Has The Biggest Wall Street Upside?<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Yuvraj Malik has no position in any of the stocks mentioned in this article. StockTwits&#8217; news team content is for informational purposes only and is not intended as investment advice. For more, see our <a href=\"https:\/\/stocktwits.com\/about-newsroom\" data-ylk=\"slk:editorial%20policy;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;editorial policy&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">editorial policy<\/a>. This article was originally published on <a href=\"https:\/\/stocktwits.com\/news\/articles\" data-ylk=\"slk:StockTwits;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;StockTwits&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">StockTwits<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><strong>Related:<\/strong>  <\/p>\n","protected":false},"excerpt":{"rendered":"China&#8217;s CXMT plans to expand HBM3E production in 2027, with Alibaba&#8217;s T-Head and Cambricon already testing the chips,&hellip;\n","protected":false},"author":2,"featured_media":666402,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[261],"tags":[92868,291,8472,289,290,7100,381,5214,99346,281397,148523,281396,18,80703,19,17,17630,15260,9220,97997,96263,80704,281398,281395,82],"class_list":["post-666401","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-92868","tag-ai","tag-alibaba","tag-artificial-intelligence","tag-artificialintelligence","tag-cambricon","tag-china","tag-chinese","tag-chinese-ai","tag-chinese-ev-rivals","tag-cxmt","tag-cxmt-china","tag-eire","tag-hbm","tag-ie","tag-ireland","tag-micron","tag-micron-technology","tag-mu","tag-sandisk","tag-sandisk-corp","tag-sk-hynix","tag-sndk","tag-stocktwits","tag-technology"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/117194234430133485","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/666401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=666401"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/666401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/666402"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=666401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=666401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=666401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}