Chip industry group SEMI warns US against intervening in memory chip market amid AI-driven shortage
By
Maggie Eastland, Bloomberg News
Summary
The SEMI industry association has warned the Trump administration against government intervention in the memory chip market, arguing that attempts to influence prices or production capacity would worsen the supply squeeze driven by AI demand. Instead, SEMI urges the US to allow long-term customer agreements and extend tax breaks to boost domestic output. The letter highlights concerns from major memory chipmakers including Micron, SK Hynix, and Samsung about potential government overreach during the AI-driven chip shortage.
Source
Key quotes
· 2 pulledGovernment attempts to address the global memory chip shortage by influencing prices or production capacity would worsen a historic squeeze on supply driven by the artificial intelligence boom
The SEMI industry association urged the U.S. instead to allow companies to continue striking long-term agreements with customers and extend tax breaks aimed at increasing output in the U.S.
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