The Zhitong Finance App learned that on Tuesday, memory chip concept stocks generally fell, with Seagate Technology (STX.US) falling more than 7%, Western Digital (WDC.US) falling nearly 7%, SK Hynix (SKHY.US) falling 3%, and SanDK.US (SNDK.US) falling more than 2%. According to the news, on October 6, it was reported that Seagate and Toshiba bid for the TDK hard drive head business, with a transaction amount of several billion US dollars; changes in merger and acquisition expenses, integration effects, and supply chain competition patterns increased short-term uncertainty. Seagate and Western Digital's stock prices weakened simultaneously after the announcement of the relevant news.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that on Tuesday, memory chip concept stocks generally fell, with Seagate Technology (STX.US) falling more than 7%, Western Digital (WDC.US) falling nearly 7%, SK Hynix (SKHY.US) falling 3%, and SanDK.US (SNDK.US) falling more than 2%. According to the news, on October 6, it was reported that Seagate and Toshiba bid for the TDK hard drive head business, with a transaction amount of several billion US dollars; changes in merger and acquisition expenses, integration effects, and supply chain competition patterns increased short-term uncertainty. Seagate and Western Digital's stock prices weakened simultaneously after the announcement of the relevant news.
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