What is CXMT's 'Chinese chip bomb' that has wiped billions off the US stock market
China's CXMT announced advancements in a denser 4F² DRAM design and plans for a server memory module by late 2026. This development has caused significant declines in global memory chip stocks, with Micron, SK Hynix, and Samsung collectively losing billions in market value. Investors are now reassessing the sustainability of AI-driven memory profits in light of this news.