![]() ![]() While the move could benefit Micron's key rivals - South Korea's Samsung Electronics (005930.KS) and SK Hynix (000660.KS) - in the near term, analysts said the growing geopolitical tensions cast a shadow over the industry as firms need to navigate rising uncertainties that could impact investment and supply chain management. chipmaker to be targeted by Beijing after Washington over the past year unveiled a series of export controls to block certain chips and chipmaking technologies being used to advance China's military capabilities. Micron, which makes DRAM and NAND flash memory chips, is the first U.S. It came just a day after the Group of Seven (G7) rich nations agreed they would look to "de-risk, not decouple" from China, and as Washington pressures its allies to join it in restricting chip equipment exports to China. memory chipmaker, was widely seen as retaliation for Washington's efforts to restrict Beijing's access to key technology. trade tensions.Ĭhina's move against Micron, the biggest U.S. SEOUL, May 22 (Reuters) - China's ban on the use of U.S.-based Micron Technology's (MU.O) chips in certain sectors, announced on Sunday, is a stark reminder of risks facing the global chip industry as it braces for escalating Sino-U.S. ![]()
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