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Exclusive: Micron to exit server chips business in China after ban, sources say

 Micron plans to stop supplying server chips to data centres in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, two people briefed on the decision said. Micron was the first U.S. chipmaker to be targeted by Beijing – a move that was seen as retaliatory […]

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US banks tiptoe toward crypto, awaiting more green lights from regulators

 Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on pilot programs, partnerships or limited crypto trading, according to four industry executives. Wall Street giants that had been largely blocked from many crypto activities by strict regulations are poised to grow […]