#MICRONTECHNOLOGY News, Headlines and Posts

'In AI we trust': BofA remains bullish on these 5 chip stocks By

investing.com Bank of America remains confident in the future growth of the artificial intelligence industry. As a result, the investment bank named five semiconductor chip stocks it…

Today's Logistics Report: Consolidating Big Commodity Suppliers; Coal Plants Getting Squeezed

createsend.com U.S. economic growth slowed to a 1.6% pace in the first quarter, as rising imports helped offset increased consumer spending. (WSJ) South Korea’s economy grew at a…

The federal government granted Micron Technology $6.1 billion to build two chip-making facilities in New York and one in Idaho

wsj.com The federal government granted Micron Technology $6.1 billion to build two chip-making facilities in New York and one in Idaho.

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…

Apple’s censorship in China is just the tip of the iceberg

cjr.org Last week, the Chinese government ordered Apple to remove several widely used messaging apps—WhatsApp, Threads, Signal, and Telegram—from its app store. According to the…

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…

Demand for AI memory chips propels SK Hynix to its fastest sales growth since 2010

scmp.com The company declared it has entered a rebound phase, with the overall memory market on a steady growth path. Capital spending this year will be “somewhat” higher than…

3 Technologies to Challenge NAND Flash Dominance in AI

marketbeat.com Artificial intelligence (AI) applications and platforms are growing like weeds. The arms race for AI superiority continues to be waged between the chip makers trying to chip…

Texas Instruments' upbeat Q2 forecast pushes chip stocks higher

aol.com Texas Instruments jumped 7% in premarket trade on Wednesday, sparking a rally in chip stocks as its strong second-quarter revenue forecast fanned optimism that chip demand…

S&P, Nasdaq futures advance on tech boost, earnings cheer

aol.com S&P 500 and Nasdaq futures gained on Wednesday on a growth stocks boost as investors lauded upbeat earnings from megacap Tesla and awaited economic data due later this week…

Futures mostly higher, Tesla pledges "more affordable" EVs

investing.com Investing.com -- U.S. stock futures tick broadly higher ahead of a fresh batch of crucial earnings from some of the world's largest technology firms. Shares in Tesla…

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…

Futures point to higher open as more earnings roll in

aol.com U.S. stocks were set to rise at open on Tuesday as some growth and chip stocks gained, while investors digested a raft of quarterly earnings updates, ahead of reports from…

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…

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…

China Anti-Espionage Laws Threaten Pharma Supply Chains and Multinational Manufacture in China

nakedcapitalism.com As the US has been seeking to check China in the chip and related tech arena by restricting restricting exports of our purportedly security/defense related products, 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…

Nvidia, AI Stocks Catch A Cold After Super Micro Computer Sneezes

investors.com saw its shares dive on Friday after key hardware partner Super Micro Computer (SMCI) announced its next earnings date without giving preliminary results. Nvidia stock fell…

Why Semiconductor Stocks Were Smacked Down Today

finance.yahoo.com As the trading week came to a close, investors were feeling rather downbeat about the semiconductor industry. Many stocks in the sector had been flying high on the great…

S&P 500 Slides for Sixth Straight Day. Tech Stocks Are Struggling

barrons.com The S&P 500 closed down for the sixth-straight day as technology stocks continued their struggles this earnings season. The Dow Jones Industrial Average gained 212 points,…

Why the Dow and Nasdaq Are Going in Different Directions

barrons.com Why the Dow and Nasdaq Are Going in Different Directions The Dow Jones Industrial Average was on track to rise on Friday on the Nasdaq Composite’s worst day since late 2022.…

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…

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…

Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises By

investing.com Investing.com -- Main U.S. indexes traded higher Thursday, attempting to rebound after recent losses ahead of the earnings from streaming giant Netflix (NASDAQ: ). Here are…

Nvidia Stock is Down 10%. Is This the Beginning of the End?

investorplace.com The chipmaker may soon feel macroeconomic and competitive pressure Is the bloom finally fading from this artificial intelligence ( ) rose? Shares of Nvidia stock (NASDAQ: )…

Stock market today: US indexes gain as traders try to break 4-day losing streak

aol.com None US stocks were mixed Thursday as trader struggled to recover from a streak of losses. • None Jobless claims held steady at 212,000, matching the revised level from 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…

Futures Rise After 4 Straight Days Of Losses

zerohedge.com Futures Rise After 4 Straight Days Of Losses US equity futures are higher after four consecutive days of selling, although that is the same pattern we have seen all week as…

US stock futures rebound after recent losses; Netflix in focus

investing.com Investing.com-- U.S. stock index futures edged higher Thursday following another negative session on Wall Street, ahead of earnings from streaming giant Netflix. At 06:45 ET…

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…

Futures rise as chip stocks bounce back after sell-off

finance.yahoo.com Futures for the S&P 500 and the Nasdaq gained on Thursday as some chip stocks recouped losses after a sell-off, while investors awaited Federal Reserve policymakers' stance…

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…