Business

Chipmaker CXMT Causes Market Turmoil

Updated 2026-10-13 13:10 UTC 1 source Negative

China's leading memory chipmaker, CXMT, has reportedly made progress on new designs. This development has caused a significant stock rout in the market, with Jim Cramer warning investors to closely monitor developments.

Coverage timeline — 2 articles
CNBC
China's leading memory chipmaker CXMT has reportedly made progress on new designs.
2026-10-13 12:41 UTC
CNBC
The chip stock rout seems to know no end. But earnings from Club names Goldman Sachs and Wells Fargo are all better than expected.
2026-10-13 12:54 UTC
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