CXMT says its fifth-generation DRAM platform is now in mass production, along with two 24Gb LPDDR5X products built on it. The company says the platform has an 11.95nm half-pitch in the memory array’s active area, uses quadruple patterning, and has capacitors with a 45-to-1 aspect ratio. Analysts who initiated coverage of CXMT in late August had that generation, which they pegged at roughly 15nm class, going into mass production in H2 2028. They also had CXMT about two generations behind Samsung and Micron, with restricted EUV access as the main brake. Node class and array half-pitch are measured differently, so the 11.95nm figure does not directly map to the analysts’ 15nm classification. Their supply model counts about 300,000 wafers a month in 2026 and roughly 100,000 more each year after that. CXMT says the new platform gets more than 50% more gross die out of the same wafer at an 8Gb basis, its own figure, which would lift bit output without adding wafer starts.

CXMT sues the Pentagon over its Chinese military company designation, saying it isn't affiliated with the Chinese military and its chips aren't for military use (Reuters) (Visit Techmeme dot com for the link and full context!)

CXMT’s breakout listing has sparked optimism across the domestic artificial intelligence hardware space, supporting China’s strategic ambitions to challenge the US in AI development

CXMT’s ascent to the pinnacle of Chinese markets heralds a potentially consequential shift away from private-sector giants toward a new generation of hardware companies more closely aligned with Beijing’s strategic ambitions

CXMT’s official IPO price is only RMB 8.66, roughly $1.20 per share. At $6, the pre-IPO perpetual contract implies a valuation of more than $400 billion—nearly five times its IPO valuation. CXMT’s official IPO price is only RMB 8.66, roughly $1.20 per share. At $6, the pre-IPO perpetual contract implies a valuation of more than $400 billion—nearly five times its IPO valuation. short 15000$ 3x ⬇️

China’s CXMT- getting closer to the top 3. Samsung and $SKHY are using 10nm. CXMT said it had reached the 11.95nm threshold using “quadruple exposure” tech, bringing it close to the level of “the world’s most advanced mass production memory platforms”.