Micron Stocks Sink 4.2% as CXMT Targets Server Memory

Micron Technology NASDAQ:MU, the American memory-chip producer, fell about 4.2% to $985.93 at 10.55am EST on October 12 as Chinese rival CXMT's technology progress rattled memory-chip investors. According to the South China Morning Post, CXMT outlined advances in denser 4F DRAM and plans to launch…