CX Tech's $3.4B R&D Bomb: The Next Big China Chip Play

Very Bullish · $688361.SS · $688627.SS · $688037.SS · $688535.SS · $301297.SZ

What Happened

ChangXin Technology announced a 24.1 billion RMB R&D investment and 10.8 billion RMB back-end testing facility, signaling aggressive expansion in China's DRAM and HBM supply chain.

Bottom Line

ChangXin's huge R&D and testing investment underscores the accelerating growth in China's memory chip supply chain, presenting a buying opportunity after recent pullbacks.

Free preview — more China A-share & HK research · About Us · Legal & Privacy