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Chinese chipmaker global stock rout October 2026
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FIRST ENTRY OCT 13
OCT 13 · Day 1
Little-known Chinese chipmaker causes global stock rout
Chip stocks sank on Tuesday after a Chinese memory chipmaker said it had made significant progress in developing new and more efficient designs.
CXMT is headquartered in Hefei.
The new design allows higher storage density, based on "4F square" tech.