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blockonomi.com Micron Technology Exits China Data Center Chip Market After 2023 Ban

TLDR Micron Technology will stop supplying server chips to data centers in China following a 2023 government ban on its products in critical infrastructure The company will continue selling to two Chinese customers with data center operations outside China, including Lenovo Micron will maintain sales to Chinese auto and mobile phone sectors, with China representing [...] The post Micron Technology Exits China Data Center Chip Market After 2023 Ban appeared first on Blockonomi.

blockonomi.com Novo Nordisk and Eli Lilly Stocks Fall After Trump Announces Weight-Loss Drug Price Cuts

TLDR Novo Nordisk shares dropped 6.4% and Eli Lilly fell over 5% after President Trump said Ozempic prices could drop from $1,000 to $150 per month Trump made comments during a White House press briefing about drug pricing and fertility treatments on Thursday The Centers for Medicare and Medicaid Services head Mehmet Oz clarified that [...] The post Novo Nordisk and Eli Lilly Stocks Fall After Trump Announces Weight-Loss Drug Price Cuts appeared first on Blockonomi.