Micron plans to stop supplying server chips to data centers in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, two people briefed on the decision said.

Micron was the first U.S. chipmaker to be targeted by Beijing - a move that was seen as retaliatory for a series of curbs by Washington aimed at impeding tech progress by China’s semiconductor industry.

Shares of the chipmaker were down about 1%.

Since then, both Nvidia and Intel chips have similarly fielded accusations from Chinese authorities and an industry group of posing security risks, though there has not been any regulatory action.

LENOVO TO REMAIN A CUSTOMER

Micron will continue to sell to two Chinese customers that have significant data center operation

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