CXMT Memory Design Sends Global Semiconductor Stocks Lower

ChangXin Memory Technologies (CXMT) sent global semiconductor stocks lower Tuesday after announcing progress on a new memory architecture designed to store more data in less space. Micron fell 3.7% in premarket trading. SK Hynix’s South Korea-listed shares closed 10% lower, while Samsung Electronics fell 7.4%. SanDisk, Seagate and Western Digital also declined. The new design uses 4F square technology, which increases memory density by arranging more capacity within a smaller area. SK Hynix has also pursued the technology and published a development roadmap in 2025.

Source: TokenPost