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Market Chatter: Micron Plans China Server Chips Business Exit; Shares Down Pre-Bell
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Market Chatter: Micron Plans China Server Chips Business Exit; Shares Down Pre-Bell
Oct 17, 2025 2:51 AM

05:35 AM EDT, 10/17/2025 (MT Newswires) -- Micron Technology ( MU ) intends to stop supplying server chips to Chinese data centers following the business' failure to recover from a 2023 government ban on its products in critical infrastructure in that market, Reuters reported Friday, citing two people briefed on the decision.

The company will continue to sell chips to laptop maker Lenovo and another Chinese customer, which both have notable data center operations outside of China, according to the report. Micron will also continue selling chips to companies in the automobile and cell phone sectors in that market, Reuters reported, citing one of the sources.

The company didn't immediately respond to MT Newswires' request for comment.

Its shares were down 3.5% in recent premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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