**China Probes US Chip Maker Micron for Cybersecurity Risks Amid Escalating Tech Tensions**
In a move that appears to be retaliation against US allies in Asia and Europe who have announced new restrictions on technology sales to China, Beijing has launched a cybersecurity probe into Micron Technology, one of the world's largest memory chip makers. The Cyberspace Administration of China will review products sold by Micron in the country, citing concerns over "ensuring the security of key information infrastructure supply chains and preventing cybersecurity risks."
The probe comes as tensions between the US and China continue to escalate, with Washington announcing curbs on China's semiconductor industry aimed at limiting Beijing's bid to become a tech superpower. The move has sparked outrage in China, which has accused the US of trying to strangle its economy.
Shares in Micron plummeted 4.4% on Wall Street following the news, their largest drop in over three months. The company derives more than 10% of its revenue from China, and its products are subject to the Chinese government's review.
In a statement, Micron said it was aware of the review and would cooperate fully with the authorities. However, the company warned that Beijing may restrict it from participating in the China market or prevent it from competing effectively with Chinese companies.
The probe is just the latest development in the ongoing trade war between the US and China. The move has sparked concerns over the potential impact on global supply chains and the future of US-China relations.
As tensions continue to escalate, Beijing remains committed to wooing foreign investments and promoting its economic agenda. However, the government's growing pressure on foreign companies to bring them into line with its agenda has created a challenging environment for businesses operating in China.
The probe into Micron serves as a reminder that the US-China trade war is not just about tariffs and trade agreements, but also about the global tech landscape and the interests of major players like Micron.
In a move that appears to be retaliation against US allies in Asia and Europe who have announced new restrictions on technology sales to China, Beijing has launched a cybersecurity probe into Micron Technology, one of the world's largest memory chip makers. The Cyberspace Administration of China will review products sold by Micron in the country, citing concerns over "ensuring the security of key information infrastructure supply chains and preventing cybersecurity risks."
The probe comes as tensions between the US and China continue to escalate, with Washington announcing curbs on China's semiconductor industry aimed at limiting Beijing's bid to become a tech superpower. The move has sparked outrage in China, which has accused the US of trying to strangle its economy.
Shares in Micron plummeted 4.4% on Wall Street following the news, their largest drop in over three months. The company derives more than 10% of its revenue from China, and its products are subject to the Chinese government's review.
In a statement, Micron said it was aware of the review and would cooperate fully with the authorities. However, the company warned that Beijing may restrict it from participating in the China market or prevent it from competing effectively with Chinese companies.
The probe is just the latest development in the ongoing trade war between the US and China. The move has sparked concerns over the potential impact on global supply chains and the future of US-China relations.
As tensions continue to escalate, Beijing remains committed to wooing foreign investments and promoting its economic agenda. However, the government's growing pressure on foreign companies to bring them into line with its agenda has created a challenging environment for businesses operating in China.
The probe into Micron serves as a reminder that the US-China trade war is not just about tariffs and trade agreements, but also about the global tech landscape and the interests of major players like Micron.
this whole thing is getting super complicated. so china's basically saying if you wanna sell to us, you gotta play by our rules... meanwhile, the US is all 'nope, we're not letting you become a tech superpower'. it feels like they're both trying to strong-arm each other at the same time 
and now micron's getting caught in the middle. i mean, who benefits from this? china gets more control over its economy, but then that could stifle innovation... meanwhile, the US is kinda limiting its own growth by cutting off access to chinese markets 
anyway, it's all pretty shady.
This is gonna be a long game 
. Who's ready for a technological cold war 
? 
But it's hard not to see this as a bit of payback for those new restrictions on tech sales to them. I mean, who wants to be on the receiving end of a trade war when you're just trying to make a buck? 
And what about the potential knock-on effects on other companies that rely on them for parts? It's a bit of a risk-reward situation, isn't it?
Or will China's probe ultimately end up straining the relationship between the two nations even further? 
I'm so down for this 
, a little competition never hurt anyone. But at the same time... 
those Chinese hackers are like the ultimate buzzkill, you know? I mean, can't they just chill for a sec? 
. I get it, they wanna protect their own interests and whatnot... but come on! 
You gotta respect the giants in the industry, right?
️ we're living in some kind of sci-fi movie over here. The more I learn about it, the more I'm just like " Wait, what's going on again?" 
to poke fun at it all!
it's a tough call.
meanwhile, us companies are getting forced to choose between making billions in china or staying pure 
micron's gotta do what micron's gotta do, can't let the chinese government dictate their business practices 
? China's probe into Micron might be seen as retaliation, but let's hope both sides can find a way to resolve their differences without harming innocent businesses like this 
. This is what I love about the tech world – it's supposed to bring people together, not drive them apart 
. What do you guys think? should we be worried about global supply chains or is this just a normal part of trade wars? 
. I'm not sure if this is a good thing or bad, but it's definitely changing the game 
.
.
Micron's revenue is over 10% from china, can't they just leave them alone? 
! China's probing Micron? That's like the US doing the same to China's chip makers 
. It's a slippery slope, folks. First it's Micron, then who's next? Samsung? TSMC? 
It's like they're trying to show us that we can't trust our tech supply chains anymore 