What Happened
Chinese Memory Maker Seeks Removal From US List
Chinese memory maker CXMT has sued the US Department of Defense in an effort to be removed from a list of Chinese military companies. The designation, which was first applied in January 2025, blocks defense contracts but does not restrict commercial sales. CXMT claims it has no affiliation with the Chinese military and designs chips for civilian and commercial use. The company’s lawsuit may have significant implications for the global semiconductor industry, particularly in Europe, where memory prices have quadrupled in recent quarters. This development was first reported by an unknown source.