Micron To Impose Tariff-Related Surcharge on SSDs, Other Products
Summary
Micron has announced that it will implement surcharges on memory modules and solid-state drives (SSDs) in the United States, effective Wednesday. This decision is a direct response to new tariffs imposed by the Trump administration, which exempted semiconductors but included memory storage products. Micron, which primarily manufactures in Asian countries like China and Taiwan, indicated during its March earnings call that these tariff costs would likely be passed on to consumers.
Source
Key Points
- Micron’s surcharge on SSDs and memory modules is a direct response to new tariffs enforced by the U.S. government.
- While some semiconductors are exempt from these tariffs, memory storage products are not.
- Manufacturing operations primarily in China and Taiwan contribute to the cost structure affected by these tariffs.
- This move signals potential price increases for consumers purchasing Micron’s memory products.
- The announcement follows prior indications from the company regarding the impact of tariffs on pricing.
Why should I read this?
This article is significant for both consumers and businesses reliant on SSDs and memory products, as it highlights the impending price increases resulting from government tariffs. Understanding this situation can help consumers in planning their purchases and assist businesses in forecasting costs associated with technology investments.
“`