The Micron Chip Ban: US Lawmakers and White House Respond to China's Actions.

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Source: Reuters
The Micron Chip Ban: US Lawmakers and White House Respond to China's Actions.
Photo: Reuters
TL;DR Summary

U.S. Representative Mike Gallagher has called on the Commerce Department to impose trade restrictions on Chinese memory chip maker Changxin Memory Technologies (CXMT) after China banned the sale of some chips by U.S.-based Micron Technology. Gallagher is the only lawmaker so far to call for retaliatory action against CXMT, China's leading maker of DRAM memory chips and the domestic competitor most likely to benefit if Micron is barred from China's massive chip market. The move by China sparked tough language from key lawmakers and the White House.

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