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Micron Technology Inc. is reportedly pulling out of the data-center semiconductor business in China, after having a difficult time recovering in that segment after a ban on its products by the Chinese government in 2023.
The company MU said, however, that it will continue selling to two Chinese customers that have a large data-center presence outside of the country, Reuters reported, citing unnamed people familiar with the situation. One of those customers is reportedly Lenovo Group Ltd. LNVGY HK:992.
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