Lutnick should ban Chinese memory maker CXMT from U.S., Sen. Cotton says

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Sen. Tom Cotton , R-Ark., is urging the Trump administration to take a harsher stance towards Chinese memory maker ChangXin Memory Technologies . "CXMT, one of Communist China's national memory chip champions, poses a growing risk to our economic prosperity and military superiority," Cotton wrote in a letter sent Thursday to Commerce Secretary Howard Lutnick. "The U.S. must take action to prevent CXMT from gaining a stronger foothold in the global market." CXMT is the world's fourth-largest producer of DRAM – or dynamic random access memory – which powers many basic functions of computers and smartphones.