Micron to Invest $15 Billion in New U.S. Manufacturing Unit

Micron Technology Inc will invest about $15 billion over the next 10 years in a new memory-chip manufacturing facility in Boise, Idaho, where it is based, the company said on Thursday. The investment takes into account anticipated federal grants and credits under the CHIPS and Science Act and will create 17,000 jobs by the end […]

With New China AI Chip Restrictions, U.S. Takes Aim at a Critical Niche

The United States beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia Corp and Advanced Micro Devices to stop sending their flagship artificial intelligence chips there. While the news shocked the chip sector by the time markets closed Thursday, sending the Philadelphia semiconductor index down 1.9 percent […]