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Market Chatter: Micron Technology to Levy Surcharge on Data Storage Products in Response to Tariffs
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Market Chatter: Micron Technology to Levy Surcharge on Data Storage Products in Response to Tariffs
Apr 8, 2025 11:44 AM

02:22 PM EDT, 04/08/2025 (MT Newswires) -- Micron Technology ( MU ) will levy a surcharge on several of its products starting April 9 in response to new US tariffs, Reuters reported Tuesday, citing sources close to the matter.

The sources said Micron informed customers in a letter that the tariffs apply to memory modules and solid-state drives, and these products would be subject to a surcharge.

The company's overseas manufacturing sites are largely based in Asia, according to the report.

Micron Technology ( MU ) didn't immediately respond to a comment request from MT Newswires.

(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.)

Price: 67.70, Change: -0.67, Percent Change: -0.98

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