Micron Technology

Chip selloff deepens after Google touts memory breakthrough

Four hyperscalers, led by Amazon.com Inc. and Google, plan to spend about $650 billion this year to build data centers, scooping up Nvidia Corp.’s AI accelerators and related memory chips.

Tata Projects constructing world’s largest back-end semiconductor unit at Sanand

Amit Agrawal, project director, Tata Projects said that 60 percent of the work has been completed for the country's fist semiconductor plant and the rest will be finished by the end of this year

US finalizes more than $6.1 billion chips subsidy for Micron Technology

The investment, unchanged from the amount originally announced in April, marks one of the largest government awards to chip companies under the US CHIPS and Science Act.

World Street | OpenAI leadership exits; Micron's AI-driven profit surge; China rolls out poverty cash aid; Pakistan secures $7B IMF loan; and more

From OpenAI's talent exodus and Nancy Pelosi’s husband’s suspicious stock trade to Micron’s profit surge and China’s cash handouts, here’s a look at recent business developments around the world.

Certainty of policy, resource availability should be key focus areas for India’s semiconductor plan: Micron Technology EVP

It took 60 years to get to $500 billion in revenue in the semiconductor industry, it's going to take five years to get to the next $500 billion, Manish Bhatia said while adding that India has a tremendous opportunity ahead.

Toshiba to cut memory chip production by 30%

Japan's leading chipmaker Toshiba Corp said on Tuesday it will cut production of NAND flash memory chips by 30%, underscoring the challenging supply conditions in the chip market and knocking its shares.

Intel to sell stake in NAND factories back to Micron

Intel Corp will sell its stake in two wafer factories to joint-venture partner Micron Technology for $600 million and will source its NAND flash from the memory maker.

Stocks jump, dollar fall on Bernanke

Wall Street stocks rebounded on Friday as investors digested Federal Reserve Chairman Ben Bernanke's remarks about the economy and regained hope the door was still open for more monetary stimulus down the road.

Oracle's hardware sales drop

Oracle Corp posted disappointing quarterly results particularly in hardware sales, sparking concerns about a sharper-than-expected slowdown in tech spending and sending its shares down 6%.