April 25, 2024
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Micron Clinches Total of up to $13.6 Billion in US Grants, Loans

  • April 25, 2024

(Bloomberg) — The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing. Most Read from Bloomberg Micron has pledged to invest about $125 billion

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Investors

AI Rally Expands Beyond Nvidia as Investors Bid Up Hardware

  • March 27, 2024

(Bloomberg) — They may lack the pure-play allure of Nvidia Corp., but hardware firms that provide the infrastructure for artificial intelligence computing are becoming the next hot trade. Most Read from Bloomberg While the likes of Micron Technology Inc., Super Micro Computer Inc. and Dell Technologies Inc. have been rewarded for proven results, expectations are

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Investors

Opinion: Chip giant Micron is becoming another AI play for investors

  • December 21, 2023

Published: Dec. 20, 2023 at 7:29 p.m. ET Micron Technology Inc.’s return to revenue growth last quarter as it recovers from the memory-chip downturn was in part due to the boom in AI-related chips, putting more of a spotlight on the chip maker as another potential AI investment. On Wednesday, Micron’s fiscal first-quarter results topped

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