Micron sees its chips banned in China

China’s Cyberspace Administration of China (CAC) announced on Sunday that it has banned US chip maker Micron Technology from selling its products to Chinese companies working on key infrastructure projects. The CAC said that Micron’s products pose “serious security risks” to China’s critical information infrastructure supply chain.

The ban is the latest escalation in the ongoing trade war between the United States and China. In March, the Trump administration imposed export controls on Chinese chipmaker SMIC, which led to a sharp decline in the company’s stock price. China responded by launching a cybersecurity review of Micron’s products.

The ban on Micron is likely to have a significant impact on the Chinese tech industry. Micron is one of the world’s largest memory chip makers, and its products are used in a wide range of devices, including smartphones, computers, and servers. The ban could make it more difficult for Chinese companies to obtain the chips they need to manufacture their products.

The ban is also likely to have a negative impact on the global chip market. Micron is a major supplier of memory chips, and its ban from the Chinese market could lead to shortages and higher prices for chips.

The trade war between the United States and China is having a negative impact on the global economy. The ban on Micron is just the latest example of how the conflict is disrupting supply chains and raising prices. It is unclear how long the trade war will last, but it is clear that it is having a significant impact on the global economy.

Here are some of the possible implications of the ban:

• Chinese companies may have to find alternative suppliers for memory chips, which could lead to higher prices for consumers.
• The ban could disrupt the global chip supply chain, which could have a negative impact on the manufacturing industry.
• The ban could lead to increased tensions between the United States and China.

It is still too early to say what the full impact of the ban will be, but it is clear that it is a significant development in the ongoing trade war between the United States and China.