Micron Falls as China Adds a 24-Gigabit Memory Challenger
Micron Technology NASDAQ:MU, the memory and storage chipmaker, faced a fresh challenge in mobile memory after China's CXMT announced mass production of its fifth-generation DRAM platform. Micron shares fell about 1.4% to $1,080.47 Wednesday morning.CXMT says two new LPDDR5X chips each hold 24 gigab…