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DOJ Probes SRAM Market
Cypress Semiconductor(CY Quote) said it is cooperating with the Justice Department in an investigation into the SRAM memory-chip market.
In a short statement released Thursday, Cypress said the DOJ's antitrust division had notified the company that there will be an investigation into the SRAM market. Cypress said it will make available its employees, documents and all other relevant information to the government to fully support the investigation.
Shares of San Jose, Calif.-based Cypress were down 3.5%, or 70 cents, at $19.42 in midday trading. ...
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