Markets

Lutnick should ban Chinese memory maker CXMT from U.S., Sen. Cotton says

Summary

Senator Tom Cotton is asking the Commerce secretary to place Chinese memory producer CXMT on the government export restriction list. The lawmaker wants to block the company from the United States as it increases its production of DRAM and high-bandwidth memory chips.

Sen. Tom Cotton is urging the Commerce secretary to add CXMT to its "Entity List" as the fast-growing Chinese memory maker expands in DRAM and pushes into HBM.

Source: Read the full story at US Top News and Analysis

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