🔴 Memory Chip ETF (MU.TO) is trading 8.79% down on October 13, 2026, amid CXMT progress

MU.TO is trading at CA$41.11, down 8.79%, as memory-chip shares face pressure following China’s CXMT report of progress on denser DRAM.

• CXMT also plans a server-memory product using 4F² technology, intensifying investor concerns about stronger competition and future pressure on memory pricing.
• The decline appears sector-led: memory and semiconductor names fell broadly, while the supplied broad-market snapshot was comparatively mixed. No stronger Micron-specific catalyst surfaced in the search.