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US raises concerns by Micron, Intel with China as export control meeting set to launch – Reuters News Agency

Posted on August 28, 2023 By Admin No Comments on US raises concerns by Micron, Intel with China as export control meeting set to launch – Reuters News Agency


Technology

28 August 2023, 11:03 am 1 minute

Reuters was first to report U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on chipmakers Intel and Micron with Chinese Commerce Minister Wang Wentao in Beijing on Monday. The pair also discussed China’s restrictions on gallium and germanium exports in the conversation. Shares of Micron rose 3% and Intel was up 1.4% in early trading on the news. 

Market Impact

Shares of Micron rose 3% and Intel was up 1.4% in early trading on the news.

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Topics of Interest: Technology

Type: Reuters Best

Sectors: Technology

Regions: AmericasAsia

Countries: ChinaUnited States

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



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