Micron to invest $7bn in memory chip manufacturing in Singapore
Micron plans to invest around $7 billion over the next five years to boost memory chip production in Singapore. The company announced the investment on the same day it broke ground on a new High-Bandwidth Memory (HBM) advanced packaging facility in the city-state.
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Micron stock surges after Nvidia CEO praises their chips at CES. But mixed technical signals may impact the rally.
The US semiconductor company has commenced construction on a new high-bandwidth memory advanced packaging facility.
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