Senator Tom Cotton Urges Commerce Department to Add Chinese Memory Maker CXMT to Entity List

Senator Tom Cotton has formally requested that Commerce Secretary Howard Lutnick place ChangXin Memory Technologies (CXMT) on the Bureau of Industry and Security's Entity List. Cotton argues that the Chinese firm poses a significant risk to U.S. economic prosperity and military superiority, particularly as it expands its global footprint in the semiconductor market. CXMT has rapidly grown its DRAM market share from 4% to 10% within a single year and is attempting to enter the high-bandwidth memory (HBM) sector used for AI chips. While currently trailing leaders like Micron, Samsung, and SK Hynix, CXMT's expansion threatens established players and could impact supply chains for major tech firms like Apple that have considered using its components.

By Jeffrey Kopp,MacKenzie Sigalos · CNBC ·

Senator Tom Cotton Urges Commerce Department to Add Chinese Memory Maker CXMT to Entity List

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Topics: DRAM Entity List National Security Semiconductors US-China Trade Relations

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