Coverage dated October 12, 2026 to October 13, 2026

Global chip stocks are sinking as China's CXMT claims a denser memory chip design

Headline from Quartz

Shares of SK Hynix plunged more than 10% and Samsung Electronics fell 7.4% in Tuesday trading in Seoul

Quartz's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

Oct 12, 2026
Micron stock falls as Chinese rival CXMT advances denser memory chip
Headline from Quartz ·
Oct 13, 2026Newest
Global chip stocks are sinking as China's CXMT claims a denser memory chip design
Headline from Quartz ·

4 articles, oldest first.

Investor's Business Daily
Micron Stock Falls On Competition From China Rival CXMT (opens Investor's Business Daily)
Published Oct 12, 2026
Investor's Business Daily's feed description
Micron Technology stock slid Monday after China's CXMT reported “key progress” on a next-generation DRAM chip.
Quartz
Micron stock falls as Chinese rival CXMT advances denser memory chip (opens Quartz)
Published Oct 12, 2026
Quartz's feed description
ChangXin Memory Technologies plans to release a server memory chip with a 4F square design by year-end, rattling memory stocks globally
Bloomberg
China’s CXMT Claims Memory Breakthrough Ahead of Samsung, Hynix (opens Bloomberg)
Published Oct 13, 2026
Bloomberg's feed description
CXMT Corp. declared it achieved a breakthrough in chip technology that rivals like Samsung Electronics Co. had pursued for years, an unsubstantiated claim that jolted stocks and reflects China’s aggressive push into a critical sphere.
Quartz
Global chip stocks are sinking as China's CXMT claims a denser memory chip design (opens Quartz)
Published Oct 13, 2026
Quartz's feed description
Shares of SK Hynix plunged more than 10% and Samsung Electronics fell 7.4% in Tuesday trading in Seoul