Micron Technology is trading 7.98% down now at ARS 305,375.00, as investors weigh competition concerns tied to CXMT. - On October 14, investors continued reacting to CXMT’s progress on a denser DRAM design and its plan to introduce server memory using it by year-end. - CNBC reported Micron fell with other memory makers; no separate Micron-specific announcement for October 14 was identified. - Hotter-than-expected headline CPI pressured markets; the Nasdaq was down 0.91% in the supplied context.
🔴 Micron Technology is trading 8% down today as CXMT's denser DRAM design raises competition concerns