ChangXin Memory Technologies (CXMT), China’s leading memory chipmaker, has started mass production of a new generation of DRAM products in the latest sign of the country’s advancing semiconductor capabilities. The Hefei-based company, which is preparing for an initial public offering in Shanghai, announced on its official website that it had begun producing LPDDR5X – an…
Micron is reportedly planning to stop supplying server chips to data centers in China after the company failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, a report has said. Micron was the first US chipmaker targeted by Beijing in a move seen as retaliatory for Washington’s restrictions aimed…
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Nvidia is investing in OpenAI. (Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways Powell’s Cautious Remarks Shift Focus Toward Upcoming Inflation Data Nvidia’s Massive AI Investments Drive Market Cap And Sector Momentum Lithium Americas Surges On Potential Government Stake And EV Demand Major market indices fell on Tuesday with the S&P 500 dropping 0.55%…
Micron is expected to report net earnings per share of $2.65 on revenue of $11.2 billion in its fiscal fourth quarter. (Bloomberg) — Micron Technology Inc.’s earnings after the bell Tuesday will shed light on whether the chipmaker’s high-flying stock has gotten ahead of itself after a 41% gain in September. Most Read from Bloomberg…
Micron (MU) closed at $135.24 in the latest trading session, marking a +2.88% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.27%. At the same time, the Dow added 0.43%, and the tech-heavy Nasdaq gained 0.37%. Heading into today, shares of the chipmaker had gained 6.26% over the past…
Let’s set the stage for what is one amazing announcement. There was a time that the public learned that Apple phones and PCs contained Samsung memory and SSDs. The world stopped. Nobody could believe it. And there was a time when Samsung proudly acknowledged that their SSDs and other memory devices contained proprietary components, proprietary…
Richard Li (left) attends the IPO ceremony of his FWD Group at Exchange Square in Central, Hong Kong. Shanshan Kao/Forbes Asia Hong Kong billionaire Richard Li’s insurer FWD Group saw its shares close flat in the company’s long-awaited Hong Kong stock market debut Monday, marking the culmination of the company’s nearly five years of efforts…