Why Micron is pulling out of the data-center chip business in China
The memory-chip maker reportedly hasn’t recovered from a Chinese government ban on part of its chip business in 2023.
This restriction has significantly impacted the company’s operations and growth prospects. Despite efforts to adapt, the challenges stemming from the ban continue to affect its market position.
Industry analysts suggest that recovering from such regulatory hurdles will require strategic adjustments and potentially exploring new markets. However, the long-term effects on the company’s financial health remain uncertain.
https://www.marketwatch.com/story/why-micron-is-pulling-out-of-the-data-center-chip-business-in-china-4f24fc4d?mod=mw_rss_topstories
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