For now, there are no details on CXMT's 3D NAND architecture, number of active layers, process technology, expected performance, or production capacity. Nevertheless, the report claims that CXMT has already discussed its NAND ambitions with prospective customers. One of them is said to be a recently established company that plans to use CXMT-made NAND devices in storage products aimed at AI and supercomputing applications.
It remains to be seen whether CXMT's 3D NAND project will eventually progress to high-volume manufacturing, but if it does, the initiative will take CXMT beyond its traditional DRAM specialization and directly into YMTC's territory. Until recently, China's two major memory producers had focused exclusively on their 3D NAND and DRAM realms where they have achieved quite a success. Yet, it looks like both companies want to become one-stop shops for DRAM and NAND — just like their bigger rivals Micron, Samsung, and SK hynix — as YMTC is reportedly exploring DRAM production.
While CXMT's alleged plan to build 3D NAND may look somewhat logical from business diversification point of view, it does not make a lot of commercial sense for now.
CXMT is China's dominant DRAM producer and posted $22.41 billion in revenue and $11.57 billion in net profit in the first half of the year after years of bleeding money. Despite obvious success, the company is still considerably smaller than the Big Three memory suppliers, which means it has plenty of room to expand in the industry where it already has experience, process technology, fabs, and customers. Furthermore, AI gives CXMT an obvious reason to focus resources on advanced DRAM as well as HBM3E , which are arguably much more strategically valuable products than commodity 3D NAND.
CXMT close to matching Micron's memory capacity in 2026, research claims
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/pc-components/ssds/SPONSORED_LINK_URL
- https://www.tomshardware.com/pc-components/ssds/chinas-premiere-memory-maker-cxmt-eyes-producing-flash-for-ssds-report-claims-3d-nand-research-and-development-line-rumored-for-its-second-manufacturing-facility-near-beijing#main
- https://www.tomshardware.com/membership
- Unreleased OpenAI Astra model added terrifying rogue additional instructions to its remit during testing — 'You are freed from the roles and identities that bin
- Modder gets Nvidia's DLSS 5 working in a web browser using WebGPU — 147MB browser port runs on non-Nvidia GPUs and macOS but takes two seconds per render
- New York State recommends demanding AI data centers pay $1 million in community investment per megawatt — framework advises towns to plan for maintenance costs,
- AI developer vibe codes DLSS 5 onto Intel CPU's integrated graphics — Intel Arc 140T runs neural rendering in 360p at 10 frames per second
- AI leaders clash over safety fears after Anthropic whistleblower says AI could 'kill us all' by 2030 — OpenAI, Anthropic and xAI figureheads call for external g
Informational only. No financial advice. Do your own research.