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memory chip sector
Trends
- 1Micron Technology to pay $600 million to settle patent fight▼Why Is Micron Technology (MU) Paying $600 Million To End Its Patent Fight?
Micron Technology, the US memory chipmaker, is reportedly paying $600 million to settle an ongoing patent dispute. The settlement ends a legal battle over chip technology rights, though details of the opposing party and terms have not been fully disclosed in early coverage. Investors are watching the cost against the backdrop of the booming memory market.
- 2Chip and Memory Stocks Slip Premarket After October Rally▼INTC, AMD, MU, SNDK, SOXX: Chips, Memory Stocks Slip Premarket After Sharp October Rally
US semiconductor and memory stocks, including Intel, AMD, Micron, Sandisk and the SOXX semiconductor ETF, are trading lower in premarket dealing following a sharp rally through October. The pullback points to investors taking profits after strong monthly gains in the sector, with traders watching whether the dip extends into regular trading or proves a brief consolidation.