China's CXMT targets 30% DRAM memory market share by 2030 with sixth mega-fab — future plans bottlenecked by access to advanced chipmaking tools
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⚡ Quick Hits
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* CXMT is constructing a sixth mega-fab to drastically increase its memory production capabilities.
* The company has set an ambitious goal to secure a 30% share of the global DRAM market by 2030.
* Ongoing restrictions on advanced chipmaking tools