Micron breaks ground in New York for its memory manufacturing complex, announced in 2022, that it says will be the largest semiconductor facility in the US
a $100B investment, the largest private investment in the state's history. This historic project will create 50,000 jobs and strengthen America's semiconductor manufacturing capaci...
TrendForce: data centers will use 70%+ of the high-end memory chips all manufacturers will produce in 2026, with little new manufacturing capacity until 2027
AI companies' need for a type of once-affordable microchip threatens to drive up prices of all electronics—and limit data-center ambitions
Micron reports Q3 revenue up 37% YoY to $9.3B, vs. $8.85B est., forecasts Q4 revenue above estimates, and says it's on track for record revenue this fiscal year
Dina Bass / Bloomberg :
Micron reports Q1 revenue up 84% YoY to $8.71B, in line with est., and a Q2 revenue forecast below est. due to sluggish phone and PC demand; MU drops 15%+
Ian King / Bloomberg :
Micron reports Q3 revenue up 82% YoY to $6.81B, vs. $6.67B est., a $332M net income, and forecasts Q4 revenue in line with est.; MU drops 6%+
but the stock slides Wajeeh Khan / Bitcoin Insider : Micron beats Street estimates in Q3 on continued AI demand Proactive : Micron 3Q earnings beat but shares tumble as revenue gui...
The US awards Micron up to $6.1B under the CHIPS Act, to back an up to $125B investment to build a megafab in New York and a fab in Idaho over the next 20 years
Micron Technology MU -.60%decrease; red down pointing triangle is receiving up to $6.1 billion from the federal government …
Arm closes up 24.69% to $63.59 in its Nasdaq debut, valuing the company at $65.24B, after Arm priced shares at the upper end of its expected $47 to $51 range
- Arm Holdings has started trading on the Nasdaq under the ticker “ARM.” — The chip design company is valued at a steep premium relative …