Micron’s Long Road Back Hits China Detour

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Chip maker Micron’s third-quarter revenue had its worst drop in more than two decades. Heard on the Street’s djtgallagher explains politics is partly to blame. WSJWhatsNow

June 29, 2023 11:09 am ETThe $53 billion Chips Act seeks to end the U.S.’s reliance on foreign-made semiconductors, especially those used by the Pentagon.

It’s the latest example of the federal government using its cash to remake an industry it sees as crucial to national security.is no stranger to forces beyond its control. But life as a political pawn brings a whole new host of complications.Continue reading your article with

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