Micron Technology (MU) Stock: Slightly Surge as CXMT Expansion Raises DRAM Market Concerns
TLDR Micron stock rebounds as CXMT’s Beijing DRAM expansion raises supply concerns. CXMT could double capacity and intensify competition across global DRAM markets. New Chinese output may pressure memory prices, but the impact remains years away. Micron retains technology advantages despite CXMT’s aggressive factory expansion. CXMT’s growth threatens market share across standard DRAM products worldwide. [...]
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Source: Source: Blockonomi