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U.S. looks to ease memory chip shortage with supply chain bloc, Nikkei Asia says

The U.S. is working with allies in Asia, Europe, and the Middle East to address the global memory chip shortage through a supply chain coalition, Nikkei Asia’s Yifan Yu reports. U.S. officials are expected to visit Philippines for the Pax Silica project after a meeting between President Donald Trump and China’s Xi Jinping. Publicly traded companies in the space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM) and Texas Instruments (TXN).

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