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Micron, SanDisk Lag Tech Rally on China Memory Share Gains

Benzinga Prediction Markets +1 ·

MU Micron Technology Inc
$1015.59 +5.99%
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SNDK +11.90% SKHY +8.14% SPCX -1.20% AVGO +0.21% TSLA -5.97%
  1. 1Micron (MU) and SanDisk (SNDK) fell Thursday despite a tech-stock rally, on China's expanding memory market share.
  2. 2CXMT's DRAM revenue share rose to 10% from 4% in Q2, while YMTC's NAND share climbed to 14% from 9%, overtaking SanDisk (11%).
  3. 3With share shifting amid a memory boom, SanDisk faces more direct competitive pressure.

This 3-line summary is compiled from the report below.

Benzinga Prediction Markets +1 View original ↗

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