BUZZ - US memory stocks lead the decline in the semiconductor sector

October 13 - ** U.S. chipmaker stocks fall in pre-market trading, recent decline expected to continue

** Memory stocks lead the decline: Roundhill Storage ETF (DRAM.Z) fell 4.1%, iShares Semiconductor ETF (SOXX.O) dropped 1.4%

** Micron Technology MU.O and SanDisk SNDK.O fell 2.9% and 3.7% respectively, while SK Hynix’s U.S.-listed shares 000660.KS dropped 4.8%

** Nvidia NVDA.O and TSMC 2330.TW, TSM.N U.S.-listed shares both fell about 0.6%

** Marvell Technology MRVL.O fell 2.5%, Applied Materials AMAT.O dropped 1.7%, AMD AMD.O was down 1.2%, Broadcom AVGO.O fell 1%

** On Monday, the Philadelphia Semiconductor Index .SOX fell 2.7%, hitting a three-week low, and declined for the fourth consecutive trading day

** Asian chip stocks suffered heavy sell-offs amid Wall Street declines

** Some analysts point out that China’s CXMT has made technological breakthroughs and is expected to compete with Samsung and SK Hynix

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