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Micron plans to pledge $600mn investments in China

Micron Technology has vowed to invest $600 million renminbi over the next few years in its chip-packaging plant in Xi'an, China despite Beijing sales ban.

The largest chipmaker in the US Micron announced it is looking to invest around $600m over the next few years in its chip packaging facility in the Chinese city of Xi'an. This can bring some peace in the US-China tech war.

(Picture: CPU before installation into the CPU socket. Picture credit: Getty Images)

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  • Fri 16 Jun 2023 14:32GMT