Global financial markets experienced heavy turbulence as the China CXMT DRAM breakthrough caught the tech sector off guard. The prominent Chinese memory manufacturer ChangXin Memory Technologies (CXMT) officially unveiled a next-generation memory cell architecture, promising to launch advanced commercial hardware by the end of the year. This sudden development sparked intense panic over long-term pricing power, causing investors to aggressively unwind crowded AI momentum trades and triggering a severe global semiconductor selloff that knocked major South Korean and US chip firms down.
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