Lates News

Research firm Counterpoint indicates that Chinese memory chip manufacturer Yangtze Memory Technologies Co., Ltd. is poised to benefit from the construction of artificial intelligence infrastructure. According to Counterpoint's report, in the first quarter, Yangtze Memory's revenue surged by 445% year-on-year, reaching a market share of 13% globally, driven by strong domestic demand and supply shortages. Researcher MSHwang believes that funding will provide Yangtze Memory with the necessary firepower to outperform competitors such as Kioxia and Micron Technology and establish itself as the world's third largest Nand supplier.