CXMT, Sandisk, ASML, SpaceX, D-Wave Quantum, and More Stocks That Explain Today’s Market

FEATURE Chip stocks were selling off and weighing on major indexes following reports that a state-backed Chinese company has begun mass producing chip-making machines. Those same semiconductor companies, and many artificial-intelligence names, also were under pressure Monday after Chinese memory chip maker ChangXin Memory Technologies ’(CXMT) massive trading debut.