Wall Street’s main indexes were set to rise on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment. A rapidly spreading Omicron variant of the coronavirus has rattled stock markets around the world, triggering major routs in the final…
Wall Street Set to Rebound After Sharp Selloff as Nike, Micron Lead Gains
Micron, UMC Deepen Relation to Strengthen Supply Chain
Micron Technology Inc. deepened its business relationship with United Microelectronics Corp. (UMC), providing Micron opportunities to secure supply for automotive, mobile, and customers into the future. “Expanding our relationship with UMC helps us strengthen our customers’ supply chains and is a great opportunity to increase collaboration across the semiconductor industry,” Executive Vice President Manish Bhatia said….
Micron to Build $7 Billion Plant in Japan to Expand DRAM Production: Report
TOKYO—U.S. memory chip maker Micron Technology Inc. will build a new factory at its Japanese production site in Hiroshima at a cost of 800 billion yen ($7.0 billion), the Nikkan Kogyo newspaper reported on Wednesday. The new facility will make DRAM chips, which are widely used in data centers, with production set to begin in…
Micron Sees Dip in Chip Demand as PC Makers Face Parts Shortages
Micron Technology Inc., forecast current-quarter revenue below analysts’ expectations and warned that shipments for its memory chips were set to dip in the near term as its customers making personal computers face shortages of other parts. Shares of the Apple Inc-supplier, which also said it was experiencing shortages within its own supply chain for some…
China Is Losing Microchip War to the United States; How the CCP Tries to Catch Up
For so long, the United States dominated the microchip market. But a new player, the Chinese regime, is pushing for competition. How are they doing it? They do so by stealing trade secrets and throwing money at the issue. But there are still more components to consider. How does Taiwan play into this? What does…
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