Micron stock slumps as China launches cybersecurity review, but company says it stands by its product security

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A spokesperson for Micron Technology Inc. said that the company is aware that the Cyberspace Administration of China has announced its intent to pursue a...

A spokesperson for Micron Technology Inc. MU said that the company is aware that the Cyberspace Administration of China has announced its intent to pursue a cybersecurity review of the products Micron sells in China. “We are in communication with the CAC and are cooperating fully,” the spokesperson said. “Micron is committed to conducting all business with uncompromising integrity, and we stand by the security of our products and our commitments to customers.” Shares of Micron were down 3.

MU said that the company is aware that the Cyberspace Administration of China has announced its intent to pursue a cybersecurity review of the products Micron sells in China. “We are in communication with the CAC and are cooperating fully,” the spokesperson said. “Micron is committed to conducting all business with uncompromising integrity, and we stand by the security of our products and our commitments to customers.” Shares of Micron were down 3.

 

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All these comments... What the heck am I looking at? What's happening?

It's important to note that Micron stands by their product security despite the recent news. Let's hope the review doesn't have too much of an impact on their stock.

It's concerning to see Micron stock slump in response to the Chinese cybersecurity review, but it's reassuring to hear the company stands by its product security.

It's unfortunate to see Micron's stock slump, but it's reassuring to hear that the company stands by its product security.

'It's reassuring to know that Micron is so confident in its product security that it's willing to put its stock to the test!'

It's always concerning to hear news like this, especially when it comes to security. Hoping for a positive outcome for Micron and its customers.

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