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

Date:

Technology

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.

Article Tags

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

Source link

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Trade deficit is not crisis, it’s investment in growth | The Express Tribune

Rising imports of industrial inputs signal economic revival, not...

William Shatner and Neil deGrasse Tyson: When stars collide

Not long ago in Seattle,...

Petrol price kept unchanged at Rs265.45 per litre for the next two weeks – SUCH TV

The federal government on Saturday kept the petrol...