At the eighth IC Entrepreneurs Conference on November 12, 2026, CXMT vice president Luo Xiaodong said servers accounted for more than 50% of memory demand, according to a report cited by IT Home. He described demand as increasingly divided among market segments, with servers driving much of the growth.
Luo cited industry forecasts projecting average annual growth of 96.1% in global AI computing capacity from 2024 to 2031 and 21% in DRAM demand from 2026 to 2030. The forecasts put compound annual growth at 29% for the server market, 30% for the automotive market and 6% for the smartphone market. These are projections, not measured growth.
Luo also argued that memory products should be assessed on five dimensions—capacity, bandwidth, write rate, access granularity and latency—rather than capacity and speed alone.
IT Home reported that CXMT’s DDR-series products generated 69.472 billion yuan in revenue in the first half of 2026, or 46.22% of total revenue. LPDDR-series products generated 78.191 billion yuan, or 52.02%. The DDR series’ share of revenue rose in the first three quarters of 2026 compared with the first half, as sales of DDR5 products continued to grow following the start of mass production in late 2024.
CXMT said it continued to see strong demand from server customers in the fourth quarter. The company expected DRAM supply to remain tight and forecast continued revenue growth for the quarter.