Samsung, SK hynix, and Micron, through the semiconductor industry group SEMI, are asking the U.S. government not to step into the memory chip market.
In a letter to U.S. officials, the group said, “Interventions that distort pricing or capacity decisions risk prolonging the demand downturn.”
Instead, SEMI suggested tax breaks for electronics buyers and support for long-term supply agreements to boost demand.
The group believes these steps would help the memory chip market recover without government interference in prices or production.