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Shares of major memory chip companies tumbled in US trading, with SK Hynix, SanDisk, and Micron each falling more than 4%. The sell-off extended to other sector players, as Silicon Motion dropped over 3%, while Western Digital and Seagate Technology declined more than 2%. The broad-based decline reflects ongoing weakness in the tech sector, with memory stocks particularly hard hit amid concerns over demand and inventory levels. Investors are closely watching for any signs of recovery in the semiconductor cycle, but near-term sentiment remains cautious.
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