Micron Technology Inc. Announces Significant US Investments
Micron Technology Inc. has announced plans to expand its investments in the US market, allocating a total of approximately $200 billion for domestic memory manufacturing and research and development.
- The investment is expected to create 90,000 direct and indirect jobs across the semiconductor ecosystem.
- The company’s focus on domestic manufacturing and research will contribute to the growth of the US semiconductor industry.
Partnership with AMD
Micron has integrated its HBM3E 36GB memory into AMD’s upcoming Instinct MI350 Series solutions. This partnership highlights the importance of power efficiency and performance in training large AI models.
- Key features of the HBM3E 36GB memory include:
- High-speed data transfer rates
- Low power consumption
- The integration of Micron’s memory into AMD’s solutions is expected to enhance the performance and efficiency of AI training models.
Stock Performance
Micron’s stock price has experienced fluctuations, but the overall trend remains positive. The stock price has reached a 52-week high, indicating a strong market response to the company’s announcements.
- Key statistics:
- 52-week high stock price
- Fluctuations in stock price over the past quarter