US memory chipmaker Micron to impose tariff surcharge on some products, sources say

Micron’s overseas manufacturing sites are largely based in Asia, including mainland China, Taiwan, Japan, Malaysia and Singapore.

The company notified its customers in a letter that while Trump’s announcement last week exempted semiconductors, which account for part of Micron’s portfolio, the tariffs applied to memory modules and solid-state drives, the sources said.

Those products, used to store data in various products from cars to laptops and data-centre servers, would now be subject to a surcharge, they said.

Micron did not immediately respond to a request for comment.

The notice to customers echoes comments the company made on March 21 on a post-earnings call, when its executives said it intended to pass along costs to customers in areas where tariffs had an impact.