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

07.07.2026 18:18 Uhr, Quelle: Toms Hardware

Chinese memory and storage manufacturer Longsys expects to post a massive increase in profits due to the AI-driven chip shortage.