# Memory Chip Stocks Slide as CXMT Targets Server Memory

> CXMT's server memory move deepens chip stock selloff amid Hock Tan's casino warning.
- Title: Memory Chip Stocks Slide as CXMT Targets Server Memory
- Summary: CXMT's server memory move deepens chip stock selloff amid Hock Tan's casino warning. CXMT entering server memory threatens high-margin chip stocks after Hock…
- Keywords: cxmt, server memory, memory chip stocks, hock tan, samsung, sk hynix, micron, western digital, drum price war, ai infrastructure, startups, business
- Source: Startup Fortune — https://startupfortune.com/memory-chip-stocks-extend-their-slide-as-cxmt-targets-server-memory
- Published: 2026-10-14T05:22:09+00:00
- Read time: 1 min
- Topics: cxmt, server memory, memory chip stocks, hock tan, samsung, sk hynix, micron, western digital, drum price war, ai infrastructure, startups, business
## Memory Stocks Slide
Western Digital, SanDisk, Seagate and SK Hynix fell for a second straight session as China's CXMT said it's moving into server-grade memory.

> the most profitable corner of an industry wall street thought was untouchable
## CXMT Targets Server Memory
CXMT disclosed progress on a new denser chip architecture for server memory, the high-margin segment Samsung, SK Hynix and Micron have kept to themselves.

> the kind of advance that lets a manufacturer pack more data into the same physical footprint
## Server Memory Profitability
Server memory carries premium pricing with tight supply and high qualification bar, unlike consumer DRAM with thin margins.

> supply has been tight and the qualification bar has been high
## CXMT's Rapid Rise
CXMT's second-quarter 2026 dram revenue share reached 9.5% according to trendforce, making it the fourth global dram supplier.

> cxmt is the no. 4 global dram supplier
## Apple Testing CXMT Chips
Apple reportedly testing cxmt memory chips for chinese devices amid ai-driven demand for high-bandwidth memory.

> as ai-driven demand for high-bandwidth memory diverted production away from consumer-grade dram
## Samsung and SK Hynix Drop
Samsung posted its steepest one-day drop since october 2008, down 13.39%, with sk hynix close behind at 12.83%.

> after china's cxmt claimed a dram breakthrough that compounded hock tan's casino remark
## Hock Tan's Casino Warning
Broadcom CEO Hock Tan warned ai investors 'have no clue what they are investing in' and that expectations are 'almost like they are in a casino'.

> it's almost like they are in a casino
## Key takeaway

CXMT entering server memory threatens high-margin chip stocks after Hock Tan's casino remark.