Seagate and Western Digital Shares Fall on China Chip Design Reports
The shares fell after reports of design breakthroughs in China prompted investors to reassess expectations for tight memory and chip supplies.
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Chip Stocks Fall After China Memory Design Breakthrough Reports
Several semiconductor stocks fell in morning trading after reports of design breakthroughs in China led investors to reassess expectations for tight memory and chip supplies. The pullback extended declines from the previous session following an announcement by ChangXin Memory Technology.