ChipsCNBC Techabout 2 hours ago
CXMT Progress Triggers Global Chip Rout
2 min read
Chinese memory chipmaker ChangXin Memory Technologies announced progress on new architecture increasing density, causing Micron to sink 5%, SK Hynix to fall 10%, and Samsung Electronics to drop 7.4% on Tuesday. The firm holds a 3.46 trillion yuan market cap with a 10% global DRAM share, up from 4% a year ago, while Apple tests its chips for China devices.
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