StocksMedium•16 October 2026•
1 min read
Micron and SK Hynix Shares Fall on Chinese Breakthrough in Server Memory Tech
Key Facts
1Shares of Micron and SK Hynix fell following reports that Chinese chipmaker CXMT made progress on a denser DRAM chip architecture known as 4F-squared.
Shares of Micron Technology Inc. and SK Hynix Inc. declined following reports that Chinese chipmaker CXMT made progress on a denser DRAM chip architecture. Benzinga reported that the advancement involves a 4F-squared architecture, a development that threatens the current market dominance of established players in the server memory sector.
MU closed at $931.24 on October 15, 2026, while SKHY closed at $146.11 on the same date. This technological breakthrough by CXMT intensifies competition within the AI-driven memory industry, as the Chinese firm targets high-growth segments previously led by international manufacturers.