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

Source: CNBC · Oct 19, 2026 01:56 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.

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