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Business / General

China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

Source: cnbc October 18, 2026 · 18:56
China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround
Photo by Rafael Minguet Delgado · Pexels
From the publisher
CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.
About the source

CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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