Micron (MU 65.03, -3.14, -4.6%): confirmed Cyberspace Administration of China concluded Micron products present a cybersecurity risk and notified critical information infrastructure operators in China to stop using Micron products.
Some semiconductor stocks are notably weak today after the Cyberspace Administration of China concluded Micron (MU 65.41, -2.75, -4.0%) products present a cybersecurity risk and notified critical information infrastructure operators in China to stop using Micron products.
MU peers Qualcomm (QCOM 104.21, -1.68, -1.6%) and Broadcom (AVGO 674.77, -7.48, -1.1%) trade down in sympathy.
The PHLX Semiconductor Index is down 0.2%.