China's CXMT Reportedly Planning Second 12-inch DRAM Fab in Beijing

Chinese DRAM manufacturer CXMT is reportedly exploring plans to construct a second 12-inch DRAM fabrication plant in Beijing. This potential expansion, which is seeking significant funding, aims to more than double CXMT's current production capacity. The move underscores China's strategic efforts to enhance its self-sufficiency in the AI supply chain and reduce reliance on foreign semiconductor suppliers.