China Bans US Memory Chipmaker Micron, Prompting Pushback
- US Senate's top Democrat and Biden administration are working to address China's ban on sales of Micron Technology's memory chips.
- China imposed restrictions against Micron, the biggest US memory chipmaker, as part of a widening US-China trade dispute.
- The White House says China's ban on Micron is "not based in fact" and is troubling.
- China defends the ban, accusing the US of "economic coercion," though the ban hampers China's chip industry.
- Micron estimates the ban could reduce its revenue, though the White House says it won't torpedo US-China relations.