BUZZ - US memory stocks lead losses in the semiconductor sector

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October 13 - ** Shares of U.S. chipmakers fell in early trading, recent downtrend expected to continue

** Semiconductor stocks led the decline: Roundhill Memory ETF DRAM.Z fell 4.6%, iShares Semiconductor ETF SOXX.O fell 1.4%

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

** Micron Technology MU.O and SanDisk SNDK.O fell 4.3% and 3.8% respectively, while SK Hynix’s U.S.-listed shares 000660.KS fell 4.6%

** Nvidia NVDA.O and TSMC 2330.TW, TSM.N saw their U.S.-listed shares fall about 0.6%; Intel INTC.O fell 1.1%

** Marvell Technology MRVL.O fell 2.1%, Applied Materials AMAT.O fell 3.5%, AMD AMD.O fell 1.2%

** Philadelphia Stock Exchange Semiconductor Index .SOX fell 1.6%, dropping to a more-than-three-week low, and is on track for a fifth straight session of losses

** Asian chip stocks were hit by heavy sell-offs following Wall Street moves

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