Chinese memory and storage firm expected to post more than 60,000% jump in profits due to exploding demand — Lexar owner Longsys forecasts nearly $1.5 billion profit for 1H26 compared to $2.1 million last year
…Even Apple, which used to have massive sway on its suppliers, has started lobbying Washington for access to CXMT chips as Samsung and SK hynix say that the AI-driven shortages could…
