Micron Stock Plunges Nearly 10% as Global Memory Chip Selloff Deepens Amid CXMT Threat Worldwide
South Korea’s benchmark Kospi index plunged more than 10 percent on Tuesday, at one point triggering a temporary trading halt.
The Dow Jones Industrial Average gained 1.10%, while the S&P 500 climbed 0.28%.
Dell Technologies, which produces servers that use chips and memory made by those firms, tumbled 13%.
The Dow Jones Industrial Average rallied on Tuesday, buoyed by strong earnings, falling oil prices and a rotation out semiconductors into other parts of the market.










