Micron pushes US Congress to curb Chinese competitors

Micron Technology Inc is driving a push in the US Congress to pass legislation that would restrict equipment exports to Chinese chipmakers. The 'MATCH Act' would target facilities operated by China's ChangXin Memory Technologies Inc, Yangtze Memory Technologies Corp, and Semiconductor Manufacturing International Corp. Micron has told lawmakers that the US needs to do more to inhibit Chinese development in the memory market, citing national security concerns. The bill would restrict exports of equipment, including deep ultraviolet immersion machines, and require licenses for foreign companies to service equipment at covered facilities. The MATCH Act is one of several bills related to export controls to be voted on by the House Foreign Affairs Committee. If passed, it would be a step towards potentially becoming law, with a companion bill introduced in the Senate.