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semiconductor industry

Micron shares slide 27% as CXMT debut triggers memory sector selloff

Micron shares slide 27% as CXMT debut triggers memory sector selloff

Despite record financial results and strong AI-driven demand, Micron Technology faces significant market volatility following the debut of Chinese rival CXMT.

Business ·30 Jul 2026, 06:41 ·Priya Raman 3 min read