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Semiconductor stocks were enduring one of their sharpest sell-offs in years on Friday, with the Philadelphia Semiconductor Index (SOX) on track to end eight consecutive trading sessions in the red.The index had fallen more than 13% over the previous seven sessions, wiping out roughly $2 trillion in…
A Chinese rival's server memory push has now rattled flash storage makers for four straight sessions, and the selloff looks disproportionate given who actually competes with ChangXin. Whether that gap between fear and fundamentals holds is the question SanDisk and Western Digital holders are racing to answer.
Chinese firm CXMT recently reported progress on a new memory-chip architecture designed to increase storage density and improve efficiency.