Memory Loss: Memory Chips, Found in Smartphones and Self-Driving Cars, See Dip

After a historic rise in 2017, prices this year of two major types of memory chips—called NAND and DRAM—have fallen 37% and 16%, respectively, according to semiconductor sales tracker DRAMeXchange. The drop caused Samsung Electronics Co. to forecast lower-than-expected profit for the second quarter, and its shares slid 2.3% on Friday.

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