Micron to Invest $250 Billion in U.S. by 2035, Targeting 40% Domestic DRAM Production
The company poured the first concrete at its Clay, New York site, marking the start of the largest semiconductor project in U.S. history.
The company poured the first concrete at its Clay, New York site, marking the start of the largest semiconductor project in U.S. history.
Investors fear the AI rally may be peaking.
The president has also favorably mentioned Micron, Intel, AMD, Hewlett Packard Enterprise, and several other publicly traded companies since beginning his second term in the White House.
Anthropic has started developing a custom AI chip and is in early talks with Samsung. The news sparked a sell-off in Nvidia, AMD, and semiconductor stocks amid growing custom silicon trend.
Micron delivered its strongest quarter ever with revenue more than quadrupling to $41.46B. Record earnings and strong Q4 guidance send shares higher after hours.
Micron Technology and Anthropic announce a major strategic partnership covering AI memory optimization, long-term supply, enterprise adoption, and Micron’s investment in Anthropic’s Series H round.