Intel is a security risk for China, says influential industry group [CNN]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: CNN
While CSAC is an industry group rather than a government body, it has close ties to the Chinese state and the raft of accusations against Intel ( INTC ), published in a long post on its official WeChat account, could trigger a security review from China's powerful cyberspace regulator, the Cyberspace Administration of China (CAC). Intel and the CAC did not immediately respond to a request for comment. The company's shares closed 1.5% lower on Wednesday amid a broad tech sell-off following a disappointing update from chip equipment maker ASML ( ASML “It is recommended that a network security review is initiated on the products Intel sells in China, so as to effectively safeguard China's national security and the legitimate rights and interests of Chinese consumers,” CSAC said. Last year, CAC barred domestic operators of key infrastructure from buying products made by US memory chipmaker Micron Technology Inc ( MU ) after deeming the company's products as having failed its networ
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News
- Intel is a security risk for China, says influential industry group [CNN]CNN
- Why Micron Rallied Today [Yahoo! Finance]Yahoo! Finance
- China Industry Group Reportedly Says Intel Has 'Constantly Harmed' National Security [Yahoo! Finance]Yahoo! Finance
- Wall Street seesaws, small-caps head for highest level since November 2021 [Seeking Alpha]Seeking Alpha
- Micron: How An Ongoing Memory Cycle Meets A Corrective Chart [Seeking Alpha]Seeking Alpha
MU
Earnings
- 9/25/24 - Beat
MU
Sec Filings
- 10/16/24 - Form 4
- 10/16/24 - Form 4
- 10/16/24 - Form 4
- MU's page on the SEC website