A new level of escalation between China and the USA – China bans Chinese tech manufacturers to stop using Micron chips in critical infrastructure

Sharing Is Caring !

Stepping up a conflict with Washington over science and security, China’s authorities told buyers of sensitive computer hardware on Sunday to halt purchasing items from Micron Technology Inc., the world’s largest memory chipmaker.

China’s cybersecurity authority has prohibited Chinese enterprises from purchasing chips from Micron Technology, a memory company based in the United States. According to Reuters, the Cyberspace Administration of China (CAC) determined Sunday that the company’s goods pose “significant security risks” to important Chinese digital infrastructure, such as state-owned banks and telecom providers. The restriction comes after China launched a probe of Micron imports in late March, which was seen at the time as retribution for penalties placed on Chinese chipmakers by Washington in previous years.

The ban is the contemporary go of an ongoing dispute between the United States and China over semiconductor technology. The Biden administration has taken steps in recent months to restrict its rival’s get entry to progressive chipmaking equipment. In January, authorities from the United States, the Netherlands, and Japan agreed to support export policies on lithography machines manufactured via ASL, Nikon, and Tokyo Electron. According to The Wall Street Journal, China has been searching for techniques to retaliate against the United States. Micron used to be an effortless goal due to the fact most Chinese organizations can count on suppliers such as South Korea’s SK Hynix to make up for any scarcity induced by way of a ban.

At a time when President Xi Jinping’s administration has threatened to invade Taiwan and is becoming more belligerent toward Japan and other neighbors, the United States, Europe, and Japan are restricting China’s access to cutting-edge chip manufacturing and other technologies.

 

Micron Short (Sell)

Enter At: 66.03

T.P_1: 59.86

T.P_2: 53.68

T.P_3: 48.31

T.P_4: 42.52

S.L: 71.60

Micron
Micron

Don’t miss any of our signals!

We don’t spam! Read our privacy policy for more info.

Disclaimer

All information on this website is of a general nature. The information is not adapted to conditions that are specific to your person or entity. The information provided can not be considered as personal, professional or legal advice or investment advice to the user.

This website and all information is intended for educational purposes only and does not give financial advice. Signal Mastermind Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities. Signal Mastermind Signals does not offer, operate or provide financial, brokerage, commercial or investment services and is not a financial advisor. Rather, Signal Mastermind Signals is an educational site and a platform for exchanging Forex information. Whenever information is disclosed, whether express or implied, about profit or revenue, it is not a guarantee. No method or trading system ensures that it will generate a profit, so always remember that trade can lead to a loss. Trading responsibility, whether resulting in profits or losses, is yours and you must agree not to hold Signal Mastermind Signals or other information providers that are responsible in any way whatsoever. The use of the system means that the user accepts Disclaimer and Terms of Use.

Signal Mastermind Signals is not represented as a registered investment consultant or brokerage dealer nor offers to buy or sell any of the financial instruments mentioned in the service offered.

While Signal Mastermind Signals believes that the content provided is accurate, there are no explicit or implied warranties of accuracy. The information provided is believed to be reliable; Signal Mastermind Signals does not guarantee the accuracy or completeness of the information provided. Third parties refer to Signal Mastermind Signals to provide technology and information if a third party fails, and then there is a risk that the information may be delayed or not delivered at all.
All information and comments contained on this website, including but not limited to, opinions, analyzes, news, prices, research, and general, do not constitute investment advice or an invitation to buy or sell any type of instrument. Signal Mastermind Signals assumes no responsibility for any loss or damage that may result, directly or indirectly, from the use or dependence on such information.

All information contained on this web site is a personal opinion or belief of the author. None of these data is a recommendation or financial advice in any sense, also within the meaning of any commercial act or law. Writers, publishers and affiliates of Signal Mastermind Signals are not responsible for your trading in any way.

The information and opinions contained in the site are provided for information only and for educational reasons, should never be considered as direct or indirect advice to open a trading account and / or invest money in Forex trading with any Forex company . Signal Mastermind Signals assumes no responsibility for any decisions taken by the user to create a merchant account with any of the brokers listed on this website. Anyone who decides to set up a trading account or use the services, free of charge or paid, to any of the Broker companies mentioned on this website, bears full responsibility for their actions.

Any institution that offers a service and is listed on this website, including forex brokers, financial companies and other institutions, is present only for informational purposes. All ratings, ratings, banners, reviews, or other information found for any of the above-mentioned institutions are provided in a strictly objective manner and according to the best possible reflection of the materials on the official website of the company.

Forex/CFD trading is potentially high risk and may not be suitable for all investors. The high level of leverage can work both for and against traders. Before each Forex/CFD investment, you should carefully consider your goals, past experience and risk level. The opinions and data contained on this site should not be considered as suggestions or advice for the sale or purchase of currency or other instruments. Past results do not show or guarantee future results.
Neither Signal Mastermind Signals nor its affiliates ensure the accuracy of the content provided on this Site. You explicitly agree that viewing, visiting or using this website is at your own risk.

Translate »