Sunday, April 2, 2023
China is investigating Micron chips for cybersecurity breaches.
Micron has 11% exposure to the China market and China's investigation into Micron will definitely make the other semiconductor manufacturers uptight because of the tit-for-tat action against the US. Although the 11% is insignificant to Micron, the other Chinese electronic component supplies are the ones that worry the semiconductor manufacturers as China is a manufacturing hub. These semiconductor manufacturers' sales will decline severely if China restricts the sales of other electronic components to them.
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