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Stockreport

Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, sources say [Yahoo! Finance Canada]

Lam Research Corporation (LRCX)  More Company Research Source: Yahoo! Finance Canada
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the ?matter. A U.S. House of Representatives panel on Wednesday is set to vote on the "MATCH Act," a bill designed to close gaps in restrictions on ?chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on U.S. companies like Lam Research and Applied Materials. The bill targets facilities operated ?by China's ChangXin Memory Technologies (CXMT), Yangtze Memory Technologies (YMTC), and Semiconductor Manufacturing International Corp, as well as critical technology countrywide. Micron has told lawmakers that Washington needs to do more to inhibit Chinese development in the memory market, according to people familiar with the matter. They said increased U.S. action is necessary to prevent China from dominating memory chip manufacturin [Read more]
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Stockreport

Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, sources say [Yahoo! Finance Canada]

Lam Research Corporation  (LRCX) 
More Company Research Source: Yahoo! Finance Canada
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the ?matter. A U.S. House of Representatives panel on Wednesday is set to vote on the "MATCH Act," a bill designed to close gaps in restrictions on ?chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on U.S. companies like Lam Research and Applied Materials. The bill targets facilities operated ?by China's ChangXin Memory Technologies (CXMT), Yangtze Memory Technologies (YMTC), and Semiconductor Manufacturing International Corp, as well as critical technology countrywide. Micron has told lawmakers that Washington needs to do more to inhibit Chinese development in the memory market, according to people familiar with the matter. They said increased U.S. action is necessary to prevent China from dominating memory chip manufacturin [Read more]
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