Memory chip stocks have taken a particularly bad beating this week amid broader equity market turmoil. Two concerns are adding to the pressure — the debate over whether Chinese competition is threatening memory incumbents and speculation about when the market could become oversupplied. Over the last five days, SK Hynix has plunged 26%, Samsung has tanked 22% and Micron has dropped around 11%. The initial jitters came at the start of the week after China's leading memory chipmaker ChangXin Memory Technologies, or CXMT , announced plans to roll out a server memory product based on new architecture .
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