Micron pushes US Congress to crack down on chip tool sales to Chinese rivals

Micron Technology, the largest U.S. memory chipmaker, is a driving force pushing the U.S. Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the matter.

A U.S. House of Representatives panel on Wednesday is set to vote on the “MATCH Act,” a bill designed to close gaps in restrictions on chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on U.S. companies like Lam Research and Applied Materials.