'Micron To Exit Server Chips Business In China After Ban, Sources Say' - Reuters Exclusive

Micron Technology, Inc. -6.70%

Micron Technology, Inc.

MU

241.14

-6.70%

Micron opens new tab plans to stop supplying server chips to data centres in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, two people briefed on the decision said.

Micron was the first U.S. chipmaker to be targeted by Beijing - a move that was seen as retaliatory for a series of curbs by Washington aimed at impeding tech progress by China's semiconductor industry.

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