Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants

nytimes.com President Biden, building on a week of favorable political developments, plans to announce on Thursday that his administration will provide up to $6.1 billion in grants to…

America's billion-dollar bet on US chipmaking – DW

dw.com Joe Biden is desperate to bring advanced chipmaking to the country and is willing to pay a lot for it. Using the CHIPS Act, the government is splurging billions to lure…

US continues chips focus with massive Micron subsidy

siliconrepublic.com The US is offering up to $13.29bn in direct funding and loans to help Micron boost its domestic production of chips, including plans for a ‘megafab’ in New York. The US has…

Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

thehill.com The Biden administration announced Thursday that it reached a preliminary agreement with Idaho-based semiconductor manufacturer Micron, the latest in a series of investments…

Maverick Tech Picks: 7 Stocks to Scoop Up While the Crowd Panics

investorplace.com Panicked markets are sending shares of currently contrarian tech stock picks lower and creating an opportunity to buy Investors continue adjusting to the notion that…

Biden has a favorite stop when he hits the road: chipmaking plants

aol.com President Joe Biden is headed to New York state Thursday to visit a Micron (MU) semiconductor manufacturing plant, where he will hand out more federal money to support US…

Biden is giving $6 billion to Micron for a semiconductor project in upstate New York

npr.org Biden is giving $6 billion to Micron for a semiconductor project in upstate New York President Biden travels to Syracuse, N.Y. on Thursday to tout $6.1 billion in federal…

As Biden celebrates computer chip factories, voters wait for the promised production to start

apnews.com President Joe Biden has a great economic story to tell voters a decade from now, less so in 2024. On Thursday, the Democratic president will head to upstate New York to…

Micron Gets $6.1 Billion to Build Three New Facilities

wsj.com The government grant will fuel up to $125 billion in investment by Micron in New York and Idaho over the next 20 years, U.S. officials said.

Lenovo and Micron implement LPCAMM2 memory in laptop

theregister.com Lenovo's latest ThinkPad P1 Gen 7 laptop is set to be the first to use the new LPCAMM2 memory form factor, the successor to SODIMM sticks. While Lenovo has largely focused…

Rapidus eyes foundry opportunity in AI boom, capacity crunch

theregister.com Interview The foundry space is arguably the most complex and competitive it has been in decades as foundry upstarts in the US and Japan look to challenge heavyweights…

Intel ticks another box in quest to fab mil-spec chips

theregister.com Intel's Foundry division is one step closer to manufacturing chips for military applications using its forthcoming 18A process node. On Monday the x86 giant turned foundry…

Why BigBear.ai, Super Micro Computer, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Surged on Tuesday

finance.yahoo.com Investing in the latest developments in artificial intelligence (AI) has been a wild ride over the past year or so. However, over the past few weeks, investors have had that…

How strong is India’s economy under Narendra Modi?

economist.com In the second week of 2024 business leaders descended on Gujarat, the home state of Narendra Modi, India’s prime minister. The occasion was the Vibrant Gujarat Global…

Taiwan Shaken by 200 Quakes, TSMC Operations Unaffected

asiafinancial.com Taiwan was hit by more than 200 earthquakes overnight but only minor damage was reported and tech giant TSMC said its operations were unaffected. The eastern county of…

New York woos Japan companies to join Micron in nascent chip hub

asia.nikkei.com TOKYO -- The head of New York's economic development agency is working to draw investment from Japanese chip industry suppliers as the state seeks to build a hub for the…

The biggest earnings week is still a month away: Morning Brief

finance.yahoo.com This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: • None The chart of the day This week, companies…

AI Stocks Rebound After Friday's Brutal Sell-Off

investors.com Semiconductor stocks tied to the artificial intelligence boom rebounded on Monday after Friday's ugly sell-off. Meanwhile, Super Micro Computer (SMCI), which sparked the…

Time to Cash Out? 3 Overvalued Tech Stocks to Dump Before the Selloff

investorplace.com These securities look vulnerable to a correction after running hot in recent months Cracks are starting to form in the tech trade. After leading the market higher over the…

Micron Technology to Receive $6.1 Billion for Chip Fabs in New York and Idaho

tftc.io Micron Technology, a global leader in the semiconductor industry, is set to receive $6.1 billion in grants from the U.S. Department of Commerce, as announced by Senate…

Forget Nvidia: 2 Super Semiconductor Stocks to Buy Hand Over Fist, According to Wall Street

finance.yahoo.com Nvidia (NASDAQ: NVDA) stock has popped 223% over the past year, catapulting the company to a $2.1 trillion valuation (only Apple and Microsoft are worth more). Nvidia makes…

2 Top Artificial Intelligence (AI) Stocks to Buy in April

finance.yahoo.com Many of the companies benefiting from the rapid adoption of artificial intelligence (AI) have seen their share prices rise impressively since the beginning of 2022, making…

2 Best Semiconductor ETFs to Buy Now, as the Artificial Intelligence (AI) Revolution Powers Chip Demand

finance.yahoo.com stock group has strong long-term growth potential, driven in large part by the robust adoption of artificial intelligence (AI) across industries. The global AI market is…

Schumer says US will provide $6.1 billion to Micron Technology for chip plants in Idaho, New York

ktvb.com The funding comes from the 2022 CHIPS and Science Act. Micron has also announced plans for a $15 billion memory chip plant in Boise. WASHINGTON — The Biden administration…

CHIPS Act money is starting to move, but it’ll take years to see results

aol.com It’s been nearly two years since President Biden signed the $52.7 billion CHIPS Act with the goal of dramatically expanding the US’s semiconductor manufacturing…

S&P 500 gives up its earlier gains

cnbc.com Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.…

President Biden will visit Central New York next week to formally announce federal government’s $6.1 billion award to Micron

localsyr.com SYRACUSE, N.Y. (WSYR-TV) — President Joe Biden will visit Central New York next week to formally announce the $6.1 billion award of CHIPS funding to Micron, sources familiar…

7 Must-Have AI Stocks, Fed Rate Cuts or No Fed Rate Cuts

investorplace.com These must-have AI stocks will thrive whether the Fed cuts rates or not Markets have remained strong in 2024 primarily because of two factors: the emergence of AI stocks and…

Memory chip maker Micron set to receive $6.1-billion in grants from U.S

theglobeandmail.com Memory chip maker Micron Technology MU-Q is set to receive $6.1-billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Senator…

Micron Aims to Secure $6.1B Funding for Advanced Chip Production

tipranks.com Micron (NASDAQ:MU) is aiming to secure $6.1 billion in government funding from the Biden administration to produce advanced chips in New York and I...

Micron scores $6.1B CHIPS Act cash for new build US fabs

theregister.com Memory chipmaker Micron looks set to be the next recipient of US government subsidy cash with $6.1 billion heading its way to help fund new-build semiconductor plants. The…

Schumer says US will provide $6.1 billion to Micron Technology for chip plants in NY, Idaho

finance.yahoo.com The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York…

Stock Market Today: Stocks rise as bond rout eases; Nvidia leads chip gains

thestreet.com Check back for updates throughout the trading day U.S. equity futures nudged higher Thursday, while the dollar gave back recent gains against its global peers, as investors…

Micron Poised to Get Over $6 Billion in Chips Grants in Announcement Next Week

finance.yahoo.com Micron Technology Inc., the largest US maker of computer-memory chips, is poised to get more than $6 billion in grants from the Commerce Department to help pay for domestic…

The Tech Stocks Making Waves Today

barrons.com TSMC's earnings put chip stocks in focus, with Micron, AMD, and Arm stocks all moving higher early Thursday.

Biden administration agrees to provide $6.1bn for Micron Technology to produce advanced memory chips in New York and Idaho

fortune.com The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York…

Micron poised to get over US$6 billion in chips grants in announcement next week

scmp.com Micron Technology poised to get over US$6 billion in chips grants in announcement next week Micron Technology, the largest US maker of memory chips, is poised to get US$6.1…

Micron wins $6.1 billion CHIPS grant for Central NY and Idaho projects, Schumer says

syracuse.com Washington – The federal government has agreed to provide Micron Technology a $6.1 billion grant to build a massive complex of computer chip plants in Syracuse’s northern…

Micron set to get $6 billion in chip grants from US, Bloomberg reports

aol.com Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg…

Biden administration set to provide $6.1 billion to Micron Technology for chip plants in NY, Idaho

apnews.com The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York…

ASML ships another high NA EUV lithography machine to mystery client

theregister.com Dutch semiconductor toolmaker ASML has shipped its second-ever high numerical aperture (NA) extreme ultraviolet (EUV) lithography machine to an undisclosed customer. ASML's…

These Were Q1’s Best-Performing Nasdaq 100 Stocks. Can They Repeat in Q2?

investorplace.com It's hard for some Nasdaq stocks to keep the pedal to the metal for such a long time The first quarter of 2024 was pretty much a continuation of what investors saw in 2023.…

Samsung boosts LPDDR5X to 10.7 Gbps, ups efficiency and capacity for mobile and servers

theregister.com Samsung has revealed its upgraded LPDDR5X memory modules, which features improved performance, capacity, and efficiency. The improvements were achieved thanks to moving to…

Micron First to Production of 200+ Layer QLC NAND in Client and Data Center

benzinga.com BOISE, Idaho, April 16, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. MU, today demonstrated its continued NAND technology leadership by announcing that its 232-layer QLC…

Micron says it's first to QLC NAND with over 200 layers

theregister.com Micron is now mass producing 232-layer QLC NAND, claiming it's the first memory manufacturer to break the 200-layer mark in QLC chips. Among the different types of NAND…

Where Biden's billions in chipmaking money have gone

finance.yahoo.com The White House announcement this week of up to $6.4 billion in chipmaking cash for Samsung (005930.KS) marks a move to the next phase of the Biden administration's effort…

Where Biden's billions in chipmaking money has gone

aol.com The White House announcement this week of up to $6.4 billion in chipmaking cash for Samsung (005930.KS) marks a move to the next phase of the Biden administration's effort…

7 Strong Chip Stocks to Buy Not Named Nvidia

investorplace.com There are a lot of great chip stocks for investors seeking non-Nvidia stocks to buy Mention potential chip stocks to invest in and Nvidia (NASDAQ: ) is likely the first name…

Monday's sell-off in this longtime tech holding looks overblown. Here's why

cnbc.com Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. U.S. stocks edged higher…

7 Stocks Analysts Are Loving Right Now (And You Should Too): April 2024

investorplace.com Many investors have one or more preferred fundamental or technical indicator. These help to cut through the noise surrounding a stock. And, in some cases, the opinion of…

2 AI Stocks that Could See Faster Growth than NVIDIA

247wallst.com No stock in the S&P 500 has seen recent growth at levels approaching NVIDIA (Nasdaq: NVDA). Last quarter the company saw sales growth of 265% while profits soared an absurd…

3 Top Semiconductor Stocks to Watch in This Stage of the AI Revolution

finance.yahoo.com The intersection of artificial intelligence (AI) and semiconductor technology is producing some of the most dynamic shifts in the tech industry today. On that note, three…