Photo by Tom Fisk on Pexels.com

Micron Technology Inc. based in Idaho manufactures chips for smartphones and other devices. Following the inclusion of Huawei on the entity list, Micron has determined they could resume shipment of their products to China as the products are not subject to EAR or entity list restrictions.

News of the continued shipment caused Micron stock to rise as high as 10%. Besides Micron, the New York Times has reported that Intel also started to resume shipments of their chips to Huawei.