DISK is trading 5.72% down now at $32.17 as reports say Chinese chipmaker CXMT plans to introduce server memory using a denser DRAM design by year-end.
- South Korean chip shares and the KOSPI also sold off sharply, consistent with a broader sector-driven move rather than a DISK-specific announcement.
- DISK closed at $34.12 on October 12 after declines earlier in the week; available coverage identifies no separate company-specific catalyst for October 13.