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Micron Expects Hit on Revenue in Quarterly Results Amid Ban in China

US-based Micron Technology on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban by China on sale of its memory chips to key domestic industries marked the latest in the Sino-American trade spat. China’s cyberspace regulator said late on Sunday that Micron, the biggest US memory chipmaker, had failed its network security rev…

Author: . [Source Link (*), Gadgets 360]

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