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Micron plans $24-billion memory chipmaking plant in Singapore - The Economic Times

Economic Times

Economic Times · 1h ago

Micron plans $24-billion memory chipmaking plant in Singapore - The Economic Times

Micron Technology plans a $24 billion investment to establish a new memory chip manufacturing facility in Singapore. The facility will aid in addressing the global memory chip shortage and meet rising demand, driven by AI and data-centric applications. The advanced wafer fabrication facility will commence operations in 2028. Additionally, Micron is also building a $7 billion advanced packaging plant for AI chips, slated to start production in 2027, contributing significantly to the chip supply.

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SK Hynix to invest nearly $13 billion in chip packaging plant in South Korea - The Economic Times

Economic Times

Economic Times · 14d ago

SK Hynix to invest nearly $13 billion in chip packaging plant in South Korea - The Economic Times

South Korea's SK Hynix plans to invest 19 trillion won ($12.90 billion) in a new chip packaging plant to address growing AI-driven memory demand. Construction of this advanced facility will commence in April and is expected to finish by the end of next year. High-bandwidth memory (HBM), crucial for AI applications, involves vertically stacking chips for efficiency. In 2022, SK Hynix led the HBM market with a 61% share, followed by Samsung and Micron.

Micron says ‘unprecedented’ memory shortage to last beyond 2026 - The Economic Times

Economic Times

Economic Times · 8d ago

Micron says ‘unprecedented’ memory shortage to last beyond 2026 - The Economic Times

Micron Technology anticipates a prolonged memory chip shortage extending beyond 2026 due to increased demand driven by AI advancements. The high-bandwidth memory essential for AI accelerators is constraining supply for traditional devices like phones and PCs. Companies, including major Chinese smartphone makers, are adjusting forecasts owing to rising costs. Micron is expanding its production capabilities alongside strategic shifts, such as ending its Crucial consumer memory line, to prioritize enterprise customers amid escalating semiconductor needs.

Micron to invest $9.6 billion in Japan to build AI memory chip plant, Nikkei reports - The Economic Times

Economic Times

Economic Times · 1m ago

Micron to invest $9.6 billion in Japan to build AI memory chip plant, Nikkei reports - The Economic Times

Micron Technology plans to invest $9.6 billion to build a next-generation memory chip manufacturing facility in Hiroshima, Japan, to support artificial intelligence computing. The construction is set to begin in May next year, with shipments expected by 2028. Japan's Ministry of Economy, Trade and Industry will provide up to 500 billion yen for the project as part of its strategy to revive the nation's semiconductor industry and attract foreign investments, diversifying production from Taiwan.

Micron forecasts revenue above estimates on AI-driven memory chip demand - The Economic Times

Economic Times

Economic Times · 7m ago

Micron forecasts revenue above estimates on AI-driven memory chip demand - The Economic Times

Micron Technology predicts higher fourth-quarter revenue due to robust demand for high-bandwidth memory (HBM) chips, crucial for AI data centers. The company saw a 50% increase in third-quarter HBM chip sales and continues to invest in these products. The demand rise is fueled by cloud companies like Google's investment in AI infrastructure. Micron anticipates its HBM chip market share will align with its broader DRAM share by late 2025, expecting $10.7 billion in fourth-quarter revenue.

Micron to expand US investments to about $200 billion

Economic Times

Economic Times · 7m ago

Micron to expand US investments to about $200 billion

Micron Technology plans to expand its U.S. investments to approximately $200 billion, with $150 billion allocated to domestic memory manufacturing and $50 billion to research and development. The expansion includes constructing a second memory fabrication facility in Boise, Idaho, and enhancing an existing facility in Manassas, Virginia. The investment focuses on establishing advanced packaging capabilities in the U.S., essential for high bandwidth memory used in artificial intelligence markets. Shares fell by 1% in premarket trading.

Micron to exit consumer memory business amid global supply shortage - The Economic Times

Economic Times

Economic Times · 1m ago

Micron to exit consumer memory business amid global supply shortage - The Economic Times

Micron Technology is exiting its consumer memory business due to a global semiconductor shortage, shifting its focus to advanced memory chips for AI data centers. The company will cease sales of its "Crucial" branded consumer products by February 2026 but aims to enhance support for strategic customers in more promising market segments like high-bandwidth memory (HBM), anticipated to significantly drive growth, as HBM demand surges in AI development.

Micron Technology raises quarterly results forecast on AI-driven demand - The Economic Times

Economic Times

Economic Times · 5m ago

Micron Technology raises quarterly results forecast on AI-driven demand - The Economic Times

Micron Technology has increased its fourth-quarter revenue and profit forecast due to rising demand for memory chips in AI infrastructure, causing shares to rise 5%. The company now anticipates revenue of $11.2 billion, up from the previous $10.7 billion forecast. Adjusted earnings per share are expected to be $2.85, compared to an earlier projection of $2.50. The surge in orders is driven by tech firms expanding their financial commitments to AI data centers.

South Korean chipmakers accelerate facility investments amid booming AI demand - The Economic Times

Economic Times

Economic Times · 6m ago

South Korean chipmakers accelerate facility investments amid booming AI demand - The Economic Times

South Korea's semiconductor giants, Samsung Electronics and SK hynix, are ramping up facility investments to meet rising demand for AI chips. Samsung plans to resume construction on its Pyeongtaek Campus, shifting areas for DRAM production, while SK hynix is expanding its M15X plant for advanced DRAM chips. The AI semiconductor market is expected to escalate from $41.1 billion in 2022 to $133 billion by 2028, spurred by the increasing need for high bandwidth memory in AI applications.

Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up

Economic Times

Economic Times · 1y ago

Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up

Samsung Electronics plans to adopt a chip-making technology pioneered by SK Hynix in an effort to catch up in the competitive race to produce high-end chips used in artificial intelligence. Samsung has fallen behind SK Hynix and Micron Technology in supplying latest high bandwidth memory (HBM) chips to AI chip leader Nvidia. Samsung's decision to stick with non-conductive film (NCF) chip-making technology has caused production issues, while SK Hynix's mass reflow molded underfill (MR-MUF) method has addressed these weaknesses. Samsung has now issued purchase orders for chipmaking equipment designed to handle the MR-MUF technique.

Micron's $1.8 billion acquisition boosts Powerchip shares - The Economic Times

Economic Times

Economic Times · 8d ago

Micron's $1.8 billion acquisition boosts Powerchip shares - The Economic Times

Micron Technology has agreed to acquire Powerchip's P5 fabrication site in Taiwan for $1.8 billion, boosting Powerchip Semiconductor Manufacturing Corp's shares nearly 10%.

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