financetom
Business
financetom
/
Business
/
Market Chatter: Micron Plans China Server Chips Business Exit; Shares Down Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Regeneron Pharmaceuticals Insider Sold Shares Worth $35,207,110, According to a Recent SEC Filing
Regeneron Pharmaceuticals Insider Sold Shares Worth $35,207,110, According to a Recent SEC Filing
May 16, 2024
03:35 AM EDT, 05/16/2024 (MT Newswires) -- Leonard S Schleifer, Director, Board Co-Chair, President & Chief Executive Officer, on May 13, 2024, sold 35,941 shares in Regeneron Pharmaceuticals ( REGN ) for $35,207,110. Following the Form 4 filing with the SEC, Schleifer has control over a total of 718,176 shares of the company, with 397,259 shares held directly and 320,917...
Honeywell International Insider Sold Shares Worth $5,812,860, According to a Recent SEC Filing
Honeywell International Insider Sold Shares Worth $5,812,860, According to a Recent SEC Filing
May 16, 2024
03:30 AM EDT, 05/16/2024 (MT Newswires) -- Darius Adamczyk, Director, on May 13, 2024, sold 28,500 shares in Honeywell International ( HON ) for $5,812,860. Following the Form 4 filing with the SEC, Adamczyk has control over a total of 230,767 shares of the company, with 203,510 shares held directly and 27,257 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/773840/000162828024023662/xslF345X03/wk-form4_1715812124.xml Price: 205.01, Change:...
Atlassian Insider Sold Shares Worth $1,518,477, According to a Recent SEC Filing
Atlassian Insider Sold Shares Worth $1,518,477, According to a Recent SEC Filing
May 16, 2024
03:28 AM EDT, 05/16/2024 (MT Newswires) -- Michael Cannon-Brookes, 10% Owner, Director, Co-Chief Executive Officer, Co-Founder, on May 14, 2024, sold 8,241 shares in Atlassian ( TEAM ) for $1,518,477. Following the Form 4 filing with the SEC, Cannon-Brookes has control over a total of 251,076 shares of the company, with 251,076 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1650372/000156218024004068/xslF345X03/primarydocument.xml Price: 184.50, Change:...
Progress Software Insider Sold Shares Worth $1,563,100, According to a Recent SEC Filing
Progress Software Insider Sold Shares Worth $1,563,100, According to a Recent SEC Filing
May 16, 2024
03:33 AM EDT, 05/16/2024 (MT Newswires) -- John Ainsworth, Executive Vice President, General Manager Application and Data Platform, on May 14, 2024, sold 30,631 shares in Progress Software ( PRGS ) for $1,563,100. Following the Form 4 filing with the SEC, Ainsworth has control over a total of 32,002 shares of the company, with 32,002 shares held directly. SEC Filing:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved