Micron stock pops 14% on earnings beat driven by AI boom
The Micron Technology headquarters in Boise, Idaho, on March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Shares of Micron popped more than 14% in extended trading on Wednesday…
Micron building biggest chip fab in U.S. history despite China ban
Memory chips are at the center of all devices, helping store and access data in smartphones, computers and the servers training generative artificial intelligence models. Just three companies make more…
Micron announces 10% staff reduction, suspends bonuses
Semiconductor maker Micron announced Wednesday that it would reduce its headcount by about 10% in 2023, in the latest example of a technology industry slowdown affecting employment. Shares of Micron…
TSMC to up Arizona investment to $40 billion with second semiconductor chip plant
President Joe Biden is joining the founder of Taiwan Semiconductor Manufacturing Co. on Tuesday to announce the opening of the company’s second chip plant in Arizona, raising its investment in…
Micron to spend up to $100 billion to build New York chip plant
Sanjay Mehrotra, CEO, Micron Scott Mlyn | CNBC Micron will spend up to $100 billion over at least the next two decades building a new computer chip factory in upstate…