$SK hynix(SKHY)$ $Micron Technology(MU)$ It's interesting to see the market separating NAND-only companies from diversified memory players. Kioxia just lost its patent lawsuit against $Viasat(VSAT)$ , and its stock dropped 16% immediately. That also triggered a sharp selloff in the Nikkei, sending it down as much as 6% amid widespread margin calls.
Viasat has also been in a patent dispute with $SanDisk Corp.(SNDK)$ , Kioxia's technology partner, since last year. SanDisk and Kioxia have been jointly developing and manufacturing NAND in the same fabs for over 25 years, making theirs one of the world's longest-running memory joint ventures.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
