Micron Technology, Inc (NASDAQ:MU) stock is trading higher Thursday amid reports of the chip designer showcasing its latest technologies at the China International Import Expo.
Close to 47 chip-related companies, including Qualcomm Inc (NASDAQ: QCOM), ASML Holding NV (NASDAQ: ASML), and Samsung Electronics Co (OTC: SSNLF), are demonstrating their latest technologies.
Also Read: Micron Technology to Forge with Advanced AI Chips in Taiwan and Japan
Interestingly, Nvidia Corp (NASDAQ:NVDA), subject to the U.S. trade embargo, continued its absence from the event over the past five years.
Despite a previous sales ban, Micron is making its debut at the expo, implying its attempts to improve its relations with the Asian country.
Advanced Micro Devices, Inc (NASDAQ:AMD) also participated in the expo.
Price Action: MU shares traded higher by 2.49% at $74.08 on the last check Thursday.
