Global DRAM Revenue Share (%) — Stacked Area, 2018–2025
CXMT
MICRON
SK HYNIX
SAMSUNG
TRUMP (1ST TERM)
BIDEN
TRUMP (2ND TERM)
Samsung, SK Hynix, and Micron have held a combined ~95% share since at least 2018. CXMT's emerging slice — shown in orange — began near zero and is projected to reach ~5.5% by end of 2025, with analyst projections pointing toward 10–15% before 2030 if current investment trajectories hold.
Key Facts
CXMT Founded
2016
Hefei, Anhui province, with state-backed capital
Current DRAM Generation
DDR5
Same generation as Samsung and SK Hynix flagship products
Incumbent DRAM Oligopoly
3 firms
Samsung, SK Hynix, Micron have held ~95% global share
IPO Exchange
Shanghai Stock Exchange STAR Market
Listed July 27, 2026 — described as mainland China's largest IPO in recent years
~0%→15%
Projection
China's projected DRAM self-sufficiency trajectory — from negligible share at CXMT's founding to analyst forecasts approaching 15% by the end of the decade.