Add as a preferred source on Google长鑫科技 Forecasts Nine-Month Profit of CNY 131 Billion to CNY 132.5 Billion
Revenue is forecast at CNY 265 billion to CNY 270 billion, and the company cited AI-computing demand and improving DRAM industry conditions.
长鑫科技 forecast net profit of CNY 131 billion to CNY 132.5 billion for the first three quarters of 2026, compared with a CNY 5.28 billion loss in the year-earlier period.
The company expects revenue of CNY 265 billion to CNY 270 billion, an increase of CNY 232.916 billion to CNY 237.916 billion from a year earlier.
It connected the earnings outlook to rising AI-computing demand and improving conditions in the DRAM industry. Demand for its products exceeded available supply, and prices climbed sharply.
The company is also advancing capacity construction, product development and manufacturing-process improvements, while optimizing operations and expanding its markets.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.