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APRIL 22, 2026 AT 10:17 AM

Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, Reuters reports

Importance
Level 1
  • Micron is lobbying Congress to pass the MATCH Act; the rules, due for a House of Representatives committee vote, would close gaps in chipmaking equipment export restrictions and pressure foreign companies supplying Chinese chipmaking facilities to align with curbs already applied to Lam Research (LRCX) and Applied Materials (AMAT), Reuters reports