EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

semiconductor / news / / Bloomberg

Micron Technology Inc.’s incredible rally this year has launched the memory-chip firm into an elite group of stocks worth at least $1 trillion.

Micron Technology's market value exceeded $1 trillion for the first time this week.

KEY POINTS
Micron Technology Inc.’s incredible rally this year has launched the memory-chip firm into an elite group of stocks worth at least $1 trillion, setting at least one record along the way. The stock pushed to another all-time high on Wednesday, gaining as much as 6.7%, adding to its 19% surge from a day prior that catapulted it above the trillion dollar threshold for the first time. The meteoric rise, which includes a gain of more than 186% from its March 30 trough, comes as investors pile into stocks that stand to benefit from soaring demand for memory-related semiconductors, a crucial element for building artificial intelligence infrastructure.
COMPANIES
Read the full story on Bloomberg → →
Share X LinkedIn

Summarized by Newsio from Bloomberg. How we summarize →

RELATED 03
semiconductor · news · 15h 202

Physicists at the University of Oxford show they can assemble Schrödinger’s cat-like superpositions from far more exotic quantum ingredients.

  • Oxford physicists created superpositions from squeezed, trisqueezed, and quadsqueezed motional states in a trapped ion.
  • The team achieved higher Wigner negativity than conventional cat or Fock states, indicating greater nonclassicality.
The Brighter Side of News →
semiconductor · news · 1h 104

Selection marks the next phase of construction on Micron’s New York project, expected to generate 50,000 jobs.

  • Micron has selected Bechtel for the EPC partnership on its New York memory complex.
  • The Clay, New York facility is projected to become the nation’s largest semiconductor manufacturing site.
Bechtel →
genai · news · 1d 211

OneAdvanced has launched what it bills as the UK’s first private, sovereign healthcare large language model trained on NHS primary-care data.

  • OneAdvanced has launched the UK's first private healthcare LLM trained on NHS primary-care data.
  • Care Navigator's model weights and hosting operate entirely within the UK under UK data laws.
TNW →