HP, ASUS, and Acer Begin Adopting CXMT DRAM Chips
Alina Collins
HP, Asus, and Acer have started using CXMT DRAM in small volumes in laptops — the first time a Chinese memory chipmaker has meaningfully entered the global mainstream PC supply chain, though purchases remain deliberately minimal as the big-three memory makers still hold all the leverage.
Who is using CXMT chips, and how much?
HP, Asus, and Acer have completed qualification of CXMT DRAM. Current adoption is extremely limited, confined to low-end models sold only outside the United States.
This means → PC makers are at the "get qualified, dip a toe in" stage — nowhere near large-scale substitution.
A supply-chain manager serving both HP and Asus said the companies "don't want to ignore a potentially important source," but are keeping volumes deliberately tiny.
Why won't they buy more?
Micron, Samsung, and SK Hynix control over 90% of the global memory market and remain irreplaceable core suppliers. This means → openly buying large CXMT volumes risks antagonizing the real gatekeepers.
A PC company executive put it bluntly: "It's a seller's market — we don't dare buy too much from CXMT."
CXMT is also on the U.S. Department of Defense's list of Chinese military-linked companies, adding sensitivity for American buyers. CXMT denies the designation; it is not currently on an export blacklist.
Is CXMT cheaper?
No. A person familiar with the matter said: "You might assume CXMT prices undercut the big three — that assumption is wrong. Their DRAM is absolutely not cheaper than Samsung's."
In plain terms = CXMT is not playing the low-price card; it is playing the "we have stock" card — in a shortage, the ability to ship is its own bargaining power.
With companies scrambling to lock in supply, buyers cannot even book beyond the current quarter, leaving supply visibility extremely limited.
What is CXMT worth now?
CXMT listed on Shanghai's STAR Market on July 27. Its stock surged over 465% on the first day of trading.
As of this Monday, its market cap exceeded RMB 3.5 trillion (≈$518.5 billion), surpassing Intel and beginning to approach the valuations of Micron and SK Hynix.
The company forecasts first-half 2026 net profit of RMB 52–58 billion, a year-on-year increase of up to 2,530%.
How bad is the global PC memory shortage?
IDC estimates global PC shipments will fall more than 11% this year because of the memory shortage, with supply tightness set to worsen further before year-end.
This means → PC makers are increasingly open to any supplier that can deliver — some have already locked in extra CPU supply and are racing to secure matching memory.
Whether CXMT can evolve from an emergency fallback into a regular supplier depends on its capacity-expansion pace and the delicate balance of its relationships with the big three.
Content is for reference only, not financial advice.