Mmastodon TechnologySemiconductors first seen 1 d ago, last 8 h ago, peak #2

Nanya stock falls 7% despite huge gross margin as CXMT looms

Original: Nanya Technology posted an 85.7% gross margin, yet its stock plunged 7%. The market is panicking over Chinese rival CXMT

Taiwan's Nanya Technology posted an 85.7% gross margin, yet its shares dropped 7%. Investors are rattled by Chinese memory maker CXMT's capacity expansion and its push into domestic DDR5 and HBM production. Some analysts argue the panic is a misdiagnosis, since CXMT's substitution drive mainly threatens suppliers of legacy-node memory rather than Nanya's core business, but the market is selling anyway on fears of rising Chinese competition.

Why now: Investors fear Chinese rival CXMT's expansion into DDR5 and HBM will erode Taiwanese memory makers' dominance.

Nanya TechnologyCXMTTaiwan

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Evidence

• Nanya Technology posted an 85.7% gross margin, yet its stock plunged 7%. The market is panicking over Chinese rival CXMT's capacity expansion, but wallowing in a misdiagnosis. CXMT is targeting domestic DDR5 and HBM substitution, leaving Taiwanese suppliers of legacy nodes… · asiaai · 1

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