Tags: micron | china chip ban | revenue

Micron Says Chinese Ban Will Lower Revenue

Micron Says Chinese Ban Will Lower Revenue
(AP)

Monday, 22 May 2023 08:35 AM EDT

Micron Technology Inc. expects China's ban on company's infrastructure chips to impact revenue in the low-single to high-single digit percentage, the company said Monday on a J.P. Morgan conference call.

"We estimate that the combined direct sales and indirect sales through distributors to China headquartered companies is about 1/4 of our total revenue," the company said.

© 2026 Thomson/Reuters. All rights reserved.


StreetTalk
Micron Technology Inc. expects China's ban on company's infrastructure chips to impact revenue in the low-single to high-single digit percentage, the company said Monday on a J.P. Morgan conference call.
micron, china chip ban, revenue
56
2023-35-22
Monday, 22 May 2023 08:35 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved