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Sembcorp expands Micron power deal to support AI growth
The chipmaker has begun construction on a Woodlands facility as part of a US$24 billion investment Sembcorp Industries on Wednesday (Jan…
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Micron
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Micron invests US$24 billion to expand Singapore manufacturing complex; 1,600 jobs to be created
This brings the company’s total investments in Singapore to around US$60 billion Semiconductor giant Micron Technology broke ground on…
Business
Micron says ‘unprecedented’ memory shortage to last beyond 2026
PC makers have also warned they are likely to be affected by the ongoing shortage Nvidia supplier Micron Technology said an ongoing memory…
Business
Micron says AI-driven memory crunch is ‘unprecedented’
PC makers have also warned they are likely to be affected by the ongoing shortage Nvidia supplier Micron Technology said an ongoing memory…
Business
Micron to buy Taiwan chip fabrication site for US$1.8 billion
The investment is part of Micron’s global expansion as it seeks to meet continued demand for memory chips Micron Technology has signed a…
Business
Asian markets rise as US inflation eases, Micron soothes tech fears
ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while…
Business
Wall Street opens higher as inflation eases; forecast boosts Micron
Wall Street’s main indexes opened higher on Thursday (Dec 18) after softer-than-expected inflation data boosted expectations for more…
Business
Micron forecasts blowout earnings on booming AI market, shares rise 5.7%
MICRON Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected on Wednesday, buoyed by…
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Micron surges as global memory chip shortage boosts profit forecast
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold MICRON Technology shares rose nearly 14 per cent…
Business
Capella, Micron, DHL, ST Telemedia: Almost one-third of firms on regional list of top employers have Singapore presence
The markets are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam Almost one-third,…
Business
Micron to exit consumer memory business amid global supply shortage
Memory chipmaker Micron Technology said on Wednesday (Dec 3) that it will exit its consumer business, as it doubles down on advanced…
Business
Micron to exit China server chip market after failing to recover from 2023 ban: sources
The ban on Micron products in critical infrastructure has shut the company out of the country’s data centre expansion boom…
Business
Micron gives solid forecast after AI boosts memory demand
Demand for data centre equipment is stretching the ability of companies to keep up with orders Micron Technology, the largest US maker of…
Business
Micron sees new Singapore plant as key in plan to meet rising demand for AI-enabling chips
A new will underpin Micron Technology’s plans to produce advanced semiconductors needed for artificial intelligence (AI) applications. The…
Business
US: S&P 500, Nasdaq open near record peak as Micron results boost chip stocks
]NEW YORK] Wall Street’s S&P 500 and Nasdaq indexes opened near a record high on Thursday (Jun 26) as robust earnings from memory-chip…
Business
Micron forecasts revenue above estimates on AI-driven memory chip demand
The company expects an adjusted gross margin of about 42%, plus or minus 1%. Micron Technology forecast fourth-quarter revenue above Wall…
Business
Micron invests US$7 billion in Woodlands advanced packaging site; 1,400 jobs to be created
MICRON Technology broke ground on its high-bandwidth memory (HBM) advanced packaging facility on Wednesday (Jan 8) in Singapore, adjacent…
Business
US: S&P 500 at fresh record on Micron results, China stimulus
WALL Street stocks powered higher on Thursday, with the S&P 500 finishing at a fresh record, following strong Micron earnings and…
Business
Micron soars after AI computing demand bolsters forecast
MICRON Technology, the largest US maker of computer memory chips, surged in late trading after giving surprisingly strong sales and profit…