Micron Leads Semiconductor Selloff on China DRAM Threat
Micron shares drop 8% after reports of rising competition from Chinese memory-chip makers, dragging peers lower. Micron Technology (MU) fell 8% to $903.50 in early trading Wednesday, pulling down Intel (INTC), AMD (AMD), and Marvell (MRVL) by 6% to 7%. The iShares Semicond