Memory stocks sink hard on China’s chip breakthrough

Elon Musk ‘s Starlink Cell phone plans is brutal for AST SpaceMobile

Hello Capitalist Insiders!

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• Memory stocks sink hard on China’s chip breakthrough

• Elon Musk ‘s Starlink Cell phone plans is brutal for AST SpaceMobile

• Microsoft heads for first record in a year as AI upside holds

• BofA backs copper and uranium as rates crush gold

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Memory stocks sink hard on China’s memory chip breakthrough

Micron, Seagate and Western Digital fell Tuesday as a sell-off in memory names deepened after China’s CXMT reported progress on a denser chip design, extending losses from South Korea.