Micron was behind that bill directly, the Chinese gave back a middle finger. https://www.nytimes.com/2022/12/15/business/economy/us-china-biden-security.html On Thursday, Congress passed a military bill including a provision that will prevent the U.S. government from purchasing or using semiconductors made by Y.M.T.C. and two other Chinese chip makers, Semiconductor Manufacturing International Corporation and ChangXin Memory Technologies, because of their reported links to Chinese state security and intelligence organizations.
https://www.reuters.com/technology/...y-chinas-xian-over-next-few-years-2023-06-16/ Micron says it is committed to China, invests $602 million in plant By Brenda Goh June 16, 202312:54 AM EDTUpdated 21 hours ago Talk about capitulation fast…. When you have 15% revenues from that market.