Lutnick should ban Chinese memory maker CXMT from U.S., Sen. Cotton says

Impact · against what's priced in

The call to place CXMT on the Entity List is a positive catalyst for memory makers as it threatens to stall a competitor's HBM production timeline into 2027, potentially extending the current supply bottleneck. While this supports the long-term pricing power the market currently declines to pay for at Micron, the immediate impact is tempered by CXMT's existing low yields.

MU+0.20

Challenges what's priced in

The price assumes