China Escalates Chip Battle Against US With Micron Review (2)

China has opened a cybersecurity review of imports from America’s largest memory chipmaker, Micron Technology Inc., opening a new front in the escalating battle between the two countries over dominance in the semiconductor market.

The Chinese government is conducting the review to ensure the security of its information infrastructure supply chain, prevent network security risks and maintain national security, it said in a statement Friday. Shares of Micron, which counts on mainland China sales for about 11% of its sales, fell as much as 5.1% in New York to $59.90.

Micron, based in Boise, Idaho, didn’t immediately respond …