APRIL 8, 2026 AT 08:43 AM
China's CXMT plans to mass-produce 12-high HBM next year after starting HBM3 8-high mass production this year, according to industry sources cited ET News
Importance
Level 1
- The move suggests China is closing the gap with SK Hynix (HXSCL), Samsung Electronics (005930 KS) and Micron (MU) in mainstream HBM.
- CXMT is reportedly converting about 20% of DRAM output to HBM and plans a USD 4.2bln IPO to expand DRAM and HBM lines.
#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#MICRON TECHNOLOGY INC#MU.US#SAMSUNG ELECTRONICS CO LTD#005930.KS#SK HYNIX INC#FOREX#EQUITIES#METALS#EU SESSION#INITIAL PUBLIC OFFERING#SEMICONDUCTORS#METALS & MINING#SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (GROUP)#SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT#S&P 500 INDEX#NASDAQ 100 INDEX#MU#DXY#GLOBAL NEWS