🟢 CXMT is trading 3.11% up today after beginning limited HBM3E production

CXMT is trading 3.11% up at CNY 56.01 after reports that it began producing small quantities of HBM3E, an advanced memory used in AI chipsets.

• Reuters reported that domestic chip developers, including Alibaba’s T-Head and Cambricon, are testing the chips.
• CXMT plans broader production expansion in 2027.
• The development strengthens China’s domestic AI-memory ambitions and appears to be driving today’s gain.