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Chinese bid for chip maker Micron Technology could face U.S. scrutiny

Chinese bid for chip maker Micron Technology could face U.S. scrutiny

A Chinese company’s reported interest in buying U.S. chip maker Micron Technology Inc. for $23 billion could face the same opposition that derailed a Chinese takeover of an American oil company a decade ago. Micron is the only major U.S. producer of memory chips used in personal computers and smartphones, and putting that technology in the hands of a state-owned Chinese company is expected to raise concerns about U.S. national security. The chips made by the Boise, Idaho, company also are used in some defense and sensitive data-storage applications that could make it tougher to get U.S. approval of any takeover, some U.S. officials and analysts said. “There’s a multitude...

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