Tag: micron
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Micron signs deals with Qualcomm, others for AI-powered automobile chip components
July 16 : Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer Qualcomm and audio products maker Harman, to secure memory and storage components that powers AI-enabled vehicles.The agreements come as the industry races to expand manufacturing capacity to
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Micron boosts US investment plan again, commits $250 billion through 2035
July 9 : Micron Technology said on Thursday it plans to invest more than $250 billion in the U.S. through 2035, driven by surging demand for memory chips in the AI era and President Donald Trump’s push to bolster domestic chip production.The new investment plan represents a jump from the $200 billion that Mic
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Micron, Ford sign semiconductor supply agreement for vehicles
July 6 : Micron Technology and Ford Motor on Monday signed a long-term agreement to secure the supply for memory and storage platforms used in the automaker’s next-generation vehicle production.This comes days after Micron’s similar agreement with General Motors, as part of the chipmaker’s ongoing inves
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Micron, GM sign semiconductor supply agreement for vehicles
July 1 : Micron Technology and General Motors have signed a supply agreement for memory and storage platforms used in vehicle production, the companies said on Wednesday.
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Micron joins rivals pitching AI deals as cure for memory’s boom-bust cycle
SAN FRANCISCO, June 25 : Memory chipmakers have for decades been trapped in boom-bust cycles, with capacity buildouts hitting the market just as demand craters. Micron, Samsung and SK Hynix are now trying to convince investors this time is different, arguing long-term deals will keep cash flowing even if the datacen
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Global chip stocks surge as blowout Micron results reignite AI rally
SEOUL/MILAN, June 25 : Global chip stocks surged on Thursday after Micron Technology’s blockbuster results reignited the AI-driven rally, lifting tech shares from Seoul to Frankfurt as investors grew more confident about persistent demand and tightening supply.Micron, a key supplier for Nvidia’s AI chipsets
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Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally
June 24 : Shares of chipmakers surged late on Wednesday, adding over $400 billion in market value after strong forecasts from Micron Technology and Qualcomm breathed fresh life into Wall Street’s recently waning AI stock rally.Micron surged 12 per cent in extended trade after forecasting quarterly earnings ab
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Micron forecasts strong quarterly results on soaring memory chip demand
June 24 : Micron Technology forecast quarterly earnings above Wall Street estimates on Wednesday, signaling that heavy investments in AI-related infrastructure will drive strong demand for memory chips, sending its shares up more than 9 per cent in extended trading.The company expects fourth-quarter revenue o
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Micron, Anthropic sign AI infrastructure supply agreement
June 22 : Micron Technology said on Monday it has signed an agreement with Anthropic that includes supply of memory and storage products, and a strategic investment in the IPO-bound AI company’s latest funding round.AI developers are racing to secure critical components for increasingly expensive data-center
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