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Shares of memory-related chip companies are trading higher after cooler June CPI data helped bring down bond yields and expectations for Fed

Shares of memory-related chip companies are trading higher after cooler June CPI data helped bring down bond yields and expectations for Fed rate hikes, which cuts borrowing costs for the growth-oriented industry. Also, reports suggesting that shipments of H200 chips to China have begun is supportive of the sector.

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Shares of memory-related chip companies are trading higher after cooler June CPI data helped bring down bond yields and expectations for Fed rate hikes, which cuts borrowing costs for the growth-oriented industry.

Also, reports suggesting that shipments of H200 chips to China have begun is supportive of the sector.