To The Moon

It came as a “surprise” that China has decided to ban $Micron Technology(MU)$ chips from being imported into China, citing the “US often used alibi” of “national security” as the reason. This came about after a security review conducted by the Cyberspace Administration of China. The ban is on operators of “critical information infrastructure” in China from buying products from the US chip giant. China’s Top Semiconductor Chip Supplier: $Intel(INTC)$ Samsung SK Hynix Micron Technology - it is the 4th largest supplier of chips to the Chinese market. $Qualcomm(QCOM)$ What Is Unknown? With the announcement coming out of the blue, there are still many unknows:

U.S. stocks climbed on Monday, the first trading day of May, as shares tied to the economic reopenin