Senator Cotton urges Commerce to add China's CXMT to Entity List
Overview
Sen.
Tom Cotton, R-Ark., has asked Commerce Secretary Howard Lutnick in a letter to place ChangXin Memory Technologies (CXMT) on the Bureau of Industry and Security Entity List, which would significantly restrict U.S. firms from doing business with the company, CNBC reports. Cotton says CXMT, the world's fourth-largest DRAM producer, poses a growing risk to U.S. economic prosperity and military superiority.
Counterpoint data cited by CNBC show CXMT's DRAM market share by revenue rose from 4% in the second quarter of 2025 to 10% in the same quarter of 2026.
Written by AI from the articles below · updated Nov 12, 5:44 AM ET
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- CNBC · TechnologyNewsSen. Tom Cotton urges Lutnick to add China's CXMT to Entity List
AISen. Tom Cotton, R-Ark., has urged Commerce Secretary Howard Lutnick in a letter to place ChangXin Memory Technologies (CXMT) on the Bureau of Industry and Security Entity List, which would significantly restrict U.S. firms from doing business with the company. Cotton says CXMT, the world's fourth-largest DRAM producer, poses a growing risk to U.S. economic prosperity and military superiority. CXMT's DRAM market share rose from 4% to 10% by revenue between the second quarter of 2025 and the same quarter of 2026, according to Counterpoint.
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