Why are Micron, SK Hynix and Samsung stocks falling? China’s CXMT sparks chip sell-off
Micron and SK Hynix stocks fell in early trading on Tuesday. Shares of US-based Micron Technology fell 4%, while SK Hynix shares dropped 5% as memory-chip stocks faced a global sell-off. The selling pressure increased after South Korea’s benchmark KOSPI index plunged. Micron, SK Hynix and Samsung shares fall as China’s CXMT sparks memory-chip competition … Read more