The memory market is about to experience a shock next week. Samsung, SK hynix, and Micron control 70% of the global memory market. Driven by AI demand, DDR5 prices are pushed to the sky. Just after a former head of Samsung’s chip division issued a warning: this situation could reverse within a year. The reason is only one—China. CXMT (ChangXin Memory) IPO on July 27, the largest chip IPO in Asian history. Funding of $8.6 billion. Oversubscribed by 212 times. 940

SK Hynix-8.33%
SKHY2.54%
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