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Dow Jones Top Company Headlines at 3 AM ET: China's CXMT Expects Over Eightfold Revenue Jump Amid Memory Squeeze | Anthropic ...

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Dow Jones Top Company Headlines at 3 AM ET: China's CXMT Expects Over Eightfold Revenue Jump Amid Memory Squeeze | Anthropic ...
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China’s CXMT expects revenue to jump more than eightfold as demand for AI computing boosts the DRAM market, pointing to a sharper supply-and-demand squeeze for memory chips. The cluster of headlines also includes Anthropic planning to commit 5% of its shares to a new “public benefit” fund, with potential distributions aimed at people affected by AI labor disruption. Lindt’s boss, Adalbert Lechner, will leave after 33 years, with Vice-Chairman Dieter Weisskopf taking an interim role. SoftBank is in early talks to buy Allied Universal, which could value the business at about $18 billion.

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