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Micron lifts 2024 capex forecast on rising investment in AI-related chips

Micron Technology on Tuesday slightly raised its capital expenditure forecast for 2024, as the U.S. chipmaker invests heavily to make high bandwidth memory semiconductors to meet surging demand from.

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Micron Lifts 2024 Capex Forecast on Rising Investment in AI-Related Chips

Micron Lifts 2024 Capex Forecast on Rising Investment in AI-Related Chips
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China opposes US abuse of national security as chip export restrictions extended

The Biden administration on Friday (US time) revised rules aimed at making it harder for China to gain access to US artificial intelligence (AI) chips and chipmaking tools, as part of the US efforts to curb China’s chipmaking industry over the so-called national security concerns.

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Policy certainty will ensure success of efforts to boost chip ecosystem in India: Micron official

Policy certainty will ensure success of efforts to boost chip ecosystem in India: Micron official
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Policy certainty will ensure success of efforts to boost chip ecosystem in India: Micron official, ET Telecom

"What s going to be needed to attract more companies like Micron. is predictability on policy, not just for the next five years, but for the next 25 years or beyond," Bhatia said.

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