🔴 Memory Chips ETF (QBIT.SW) is trading 3.8% down as CXMT’s denser DRAM raises competition concerns

QBIT.SW is trading at CHF 19.11, down 3.79%, amid concerns that CXMT’s progress on denser 4F² DRAM could intensify future competition and pricing pressure for established producers.

• CXMT is targeting year-end for server-memory products.
• The Philadelphia Semiconductor Index fell 2.7% overnight, while South Korean chip shares weakened sharply.
• QBIT.SW is marked as live trading, so the quoted move is not confirmed as an October 12 closing price.