🔴 SK Hynix is trading 3.7% down today after CXMT announces next-generation DRAM progress

SK Hynix is trading at €1,030.00, down 3.7%, amid concerns about competition after Chinese chipmaker CXMT announced progress on next-generation DRAM.

• CXMT plans a new server-memory product by the end of 2026.
• Memory-chip shares also weakened; coverage cited losses during the South Korean market holiday, higher U.S. Treasury yields and Middle East tensions.
• The move aligns with an active memory-sector decline, rather than a newly reported SK Hynix-specific announcement.