01:28 PM EDT, 08/08/2024 (MT Newswires) -- (Updated with Micron Technology's ( MU ) response in the third paragraph.)
Micron Technology ( MU ) and HP (HPQ) are among a handful of companies the US International Trade Commission said Thursday it was investigating over the importation and sale of certain NAND memory devices that allegedly infringe patents asserted by MimirIP.
The investigation is based on a complaint filed July 8 by MimirIP alleging violations of the Tariff Act of 1930. The complainant is requesting that the USITC issue a limited exclusion order and cease and desist orders, the regulator said.
Micron declined to comment to MT Newswires.
HP did not immediately responded to MT Newswires' request for comment.
Price: 91.48, Change: +4.68, Percent Change: +5.39