Micron’s 39% Plunge and SK Hynix, Samsung’s $1.3T Spending Worries US Chipmakers

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Micron saw its stock price plunge by 39%, while SK Hynix and Samsung plan to jointly invest $1.3 trillion in the semiconductor sector. These massive investments by the two South Korean giants are worrying US chip manufacturers, who fear increased competition in an already tense market. This situation comes amid intense trade and technological tensions between the United States and Asia.

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Telemac
Telemachttp://cryptoinfo.ch
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