On Being Asked If Systems Built For Export Will Also Be Subject To CDC Restrictions, Micron Says 'We Don't Know'
Portfolio Pulse from Benzinga Newsdesk
Micron Technology (MU) is uncertain whether systems built for export will be subject to CDC restrictions, according to a Reuters report.
May 22, 2023 | 12:36 pm
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NEGATIVE IMPACT
Micron Technology faces uncertainty regarding potential CDC restrictions on systems built for export.
The uncertainty surrounding potential CDC restrictions on Micron's systems built for export could negatively impact the company's operations and stock price in the short term. Investors may be concerned about potential disruptions to Micron's supply chain and export business.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100