Chinese Chip Maker's Breakthrough Sparks Global Memory Stock Panic

China's Changxin Memory Technologies (CXMT) has announced significant advancements in its 4F² architecture DRAM chip technology. As this technology is seen as a benchmark for overcoming US sanctions, the news triggered a panic sell-off in global chip-related stocks, with South Korea's Samsung and SK Hynix seeing their share prices plummet by over 7%.