Is Huawei a growing threat?

Founder and CEO of Physna Corp’s Paul Powers discusses why Huawei is a growing threat and why Mark Zuckerberg represented Silicon Valley in DC.

Micron Technology warned trade uncertainty will be a drag on its first-quarter profit, sending shares sharply lower.

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Ticker Security Last Change %Chg
MU MICRON TECHNOLOGY INC. 44.47 -4.13 -8.50%

Chipmakers are particularly vulnerable to trade with China, which is a critical source of demand. While Micron has resumed some shipments to the Chinese technology company Huawei, it says business could take a hit if restrictions continue.

“We are encouraged by signs of improving industry demand, but are mindful of continued near-term macroeconomic and trade uncertainties,” Micron Technology President and CEO Sanjay Mehrotra said in the company’s fourth-quarter earnings release Thursday evening.

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