🔴 DRAM is trading 3.07% down today as CXMT advances denser DRAM

DRAM is trading at $50.80, down 3.07%, as concerns over future memory competition and pricing weigh on shares.

• Chinese chipmaker CXMT announced progress on denser DRAM and plans a server-memory product by year-end.
• A report that SK Hynix may delay some HBM4 equipment orders has added concern about the pace of memory-sector expansion.
• Broader market weakness is weighing on technology shares, though memory-sector concerns appear more directly relevant to DRAM’s decline.