Thursday, July 31, 2025

Creating liberating content

China is one of Nvidia’s largest markets, particularly for data

Access Denied You don’t have permission to access ” on

Related News

FMCG firm Hindustan Unilever Ltd (HUL) posted on Thursday a consolidated net profit increase of 5.97 per cent, reaching Rs 2,768 crore for the quarter ending June 2025, compared to

China is one of Nvidia’s largest markets, particularly for data centers, gaming and artificial intelligence applications. Avishek Das | Lightrocket | Getty Images While Nvidia has been given assurances by

Access Denied You don’t have permission to access ” on this server. Reference #18.27fdd417.1753939584.ef9a981 Source link

US President Donald Trump, said on Thursday, that Canada’s support for a Palestine complicates the ongoing trade negotiations between the two nations.“Wow! Canada has just announced that it is backing

NEW DELHI: US President Donald Trump on Thursday took a sharp jab at India and Russia, suggesting that the two nations could “take their dead economies down together.”In a social

Australia’s first attempt to launch a home-made rocket into orbit ended in failure on Wednesday.The 23-metre Eris vehicle crashed just 14 seconds after take-off. The rocket rose briefly, gained some

Trending News

NEW DELHI: The Institute of Chartered Accountants of India (ICAI) is working with regulators to develop an early-warning mechanism to prevent scams and frauds before they occur with an initial

Tata Trusts, the largest shareholder of Tata Sons, has directed chairman N Chandrasekaran to initiate a dialogue with minority shareholder Shapoorji Pallonji Group to provide them with an exit from

MUMBAI: Mukesh Ambani’s promoter group firms will invest Rs 15,825 crore in Jio Financial Services through a preferential allotment of up to 50 crore warrants, each priced at Rs 316.5.

NEW DELHI: Anticipating a good deal for Indian goods, M Rafeeque Ahmed, who leads the Farida Group, one of the largest leather and footwear exporters in the country, was headed

NEW DELHI: US President Donald Trump’s decision to impose 25% tariff on exports from India starting Aug 1 saw the thriving aerospace supply chain industry here, along with their big

MUMBAI: Mahindra & Mahindra on Wednesday posted a 24% year-on-year increase in its consolidated net profit to Rs 4,083 crore for the June quarter, driven by broad-based growth across business

Micron raises US chip investment to $200 billion, adds new Idaho plant, aims to capture 10% global share with Trump backing

Word Count: 575 | Estimated Reading Time: 3 minutes


Micron raises US chip investment to $200 billion, adds new Idaho plant, aims to capture 10% global share with Trump backing

US semiconductor giant Micron Technology on Thursday announced it is expanding its domestic investment to $200 billion, supported by the Trump administration, in a major push to strengthen America’s chip manufacturing and supply chain resilience.The revised plan includes an additional $30 billion over previous commitments and features the construction of a second cutting-edge memory chip fabrication facility in Boise, Idaho. The Idaho-based firm said the broader investment will allocate $150 billion for manufacturing and $50 billion for R&D over the coming years, generating an estimated 90,000 direct and indirect jobs across several US states, AFP reported.The move aligns with the Trump administration’s push to secure large-scale investments from technology firms and revive US industrial capacity. Trump has repeatedly urged companies to expand domestic manufacturing and has warned of steep tariffs on imports to spur local production.Micron’s announcement also includes modernization of its existing plant in Manassas, Virginia, and the addition of end-to-end High Bandwidth Memory (HBM) manufacturing in the US—critical to national defense and AI applications.The investment drew praise from major US tech leaders. Nvidia CEO Jensen Huang called it “an important step forward for the AI ecosystem,” while Apple’s Tim Cook said it was “another great example of American manufacturing leadership.”Micron aims to raise the US share of global memory chip production from near zero to 10% over the next decade.





Source link

Sign In

Welcome ! Log into Your Account