Shares of semiconductor and chip companies are trading lower, led by declines in Micron and other memory-chip stocks, following a report that Chinese rival ChangXin Memory Technologies has made key progress in developing a new DRAM cell structure designed to increase storage density and improve efficiency. The advancement draws attention to intensifying competition in the broader chip market, potentially pressuring established manufacturers' market share and pricing power.

Shares of semiconductor and chip companies are trading lower amid elevated expectations for Fed rate hikes due to broader inflation and energy challenges. Higher borrowing costs may affect the sector's ambitious capex plans while also creating risks for customers, which may be reflected in lower demand.

Aehr Test Systems Bags $6 Million Follow-On Order

Aehr Test Systems received $6M in follow-on orders for AI chip testing systems. Read the latest on AEHR stock and market trends.

Aehr Test Systems Announces About $6M Follow-On Sonoma Orders From Unnamed Hyperscaler For Second AI Processor, Ramp Expected In 2027

Astera Labs Demonstrates Modular Rack-Scale Reference Design Orion

ALAB Expands PCIe Portfolio With Aries 7: Can it Beat MRVL & CRDO?

Astera Labs announced Aries 7, the industry's first PCIe 7 signal-conditioning portfolio for copper and optical interconnects, with initial sampling expected in Q4 2026. The company's PCIe 6 products generated over 50% of Q2 revenues with record Aries sales. For Q3 2026, ALAB expects revenues between $540-560 million, representing ~40% sequential growth. The company faces competition from Marvell Technology and Credo Technology in the AI connectivity space.

Jim Cramer Likes This Tech Stock, Recommends Sticking With Applied Aerospace

Cramer favors Applied Aerospace, Nokia and BlackBerry, questions Ambarella, dislikes food stocks, and says Ameresco may be oversold.