Chipmakers are caught in the US-China crossfire
It’s not just a brewing trade war that’s making investors anxious
Welcome to the silicon militarised zone.
For years, it has been the best of times for computer-chip companies. Now, though, they’re increasingly trapped in global political wars.
The latest example is the decision by a court in China temporarily to ban some sales there by Micron Technology, the Idaho-based maker of memory chips essential to most smartphones. The court case centers on specialised technology that a rival company says Micron stole, although the...
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