Global memory stocks fall following Changxin Memory Technologies' announcement of technological progress
SKHY SK Hynix Inc ADR
$162.23 -4.02%
View chart & analysis → - 1Changxin Memory Technologies announced progress in the development of a new architecture.
- 2SK hynix shares fell 10%, and Samsung Electronics shares fell 7.4%.
- 3Changxin Memory Technologies' global DRAM market share rose from approximately 4% a year ago to approximately 10% currently.
So what's the key point?
Changxin Memory Technologies announced the development of new design technology. Following this news, SK hynix shares fell 10%.
Source CNBC · View original ↗
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