The US is considering unilateral restrictions on China’s access to AI memory chips and equipment capable of making those semiconductors, which could happen as soon as next month, Mackenzie Hawkins of Bloomberg reports. The restrictions would be designed to keep Micron Technology (MU) and South Korea’s memory chipmakers SK Hynix (HXSCL) and Samsung Electronics (SSNLF) from supplying Chinese firms with high-bandwidth memory chips, people familiar with the matter told Bloomberg, adding no final decision has been made.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MU:
