CXMT capacity ambitions add a new supply-side variable for DRAM

The near-term pricing signal is not a simple oversupply call, because advanced DRAM and HBM remain constrained by qualification, technology mix, and customer relationships. Still, a larger CXMT footprint would increase the amount of commodity DRAM capacity outside the established South Korean and U.S. supplier base. For RamTrend, the key implication is that 2026 supply forecasts need to treat Chinese output as a more material factor in mainstream DRAM, even if leading-edge HBM remains dominated by Samsung, SK hynix, and Micron.