SEMI Warns Trump on Chip Policy
Analysis based on 8 articles · First reported Jul 02, 2026 · Last updated Jul 03, 2026
The semiconductor industry, particularly memory chipmakers like Micron Technology, SK Hynix, and Samsung Electronics, faces potential market distortions from United States government intervention. Consumer electronics and automotive industries could see continued price increases and supply constraints, impacting companies like Apple Inc. and Microsoft.
The SEMI industry association has warned the Donald Trump administration that government attempts to influence memory chip prices or production capacity would worsen the global memory chip shortage, which is driven by the artificial intelligence boom. SEMI, whose members include Micron Technology, SK Hynix, and Samsung Electronics, urged the United States government to instead allow companies to continue striking long-term agreements with customers and extend tax breaks for increasing domestic output. The letter was addressed to Treasury Secretary Scott Bessent, Defense Secretary Pete Hegseth, Commerce Secretary Howard Lutnick, and Secretary of State Marco Rubio. Meanwhile, Apple Inc. is seeking the administration's approval to purchase memory components from blacklisted Chinese companies, and companies like Apple Inc. and Microsoft have already raised prices on popular goods due to the shortage. Senator Bernie Moreno also sent a letter to Howard Lutnick, advocating for prioritizing domestic demand for memory chips.
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