SK Hynix Sinks 5% as China’s CXMT Aims at Server Memory; Western Digital Drops 4%, Micron Falls 3%
SK Hynix (NASDAQ:SKHY) stock is down 5% to $148.70 as China’s ChangXin Memory Technologies (CXMT) signals it’s aiming a denser chip design at server memory. That push targets the most profitable corner…