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Markets

Nvidia, Micron, SK Hynix shares slump up to 5% as China’s CXMT steps up challenge to global chipmakers - What it means

vialivemint.com12 Oct
Nvidia, Micron, SK Hynix shares slump up to 5% as China’s CXMT steps up challenge to global chipmakers - What it means
US chip stocks fell as investors reacted to reported advances by Chinese memory maker CXMT, which plans to launch a new server memory product by the end of 2026. Oil prices also rose amid escalating Middle East tensions, adding to pressure on broader markets.

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