Micron Technology Watchlist

tz-plus logo Stocks in Action USA: Micron Technology, Riot Platforms, IBM

L. Kulikov
Reading Time: 3 minutes

Micron Technology (MU) – The US memory chip specialist is betting billions on the AI boom in Taiwan, intensifying competition! The ongoing boom in Artificial Intelligence is driving demand for memory solutions to a new level – and Micron Technology is responding with a strategically important step. The US company plans to acquire a state-of-the-art chip factory in Taiwan for approximately $1.8 billion in cash. By acquiring the production facility from the Taiwanese contract manufacturer Powerchip Semiconductor Manufacturing , Micron strengthens...

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