Micron Financial News

By Stephen Nellis

Investing.com — U.S. futures traded largely unchanged Monday, with last week’s positive sentiment diluted by Moody’s rating agency downgrading its outlook for the U.S. long-term credit rating.

Air purifiers are a practical solution to combat this invisible menace. They efficiently remove pollutants, allergens, and particulate matter from the air, ensuring that the air you and your family breathe is pure and safe. The benefits of air purifiers extend beyond health, as they also eliminate foul odours, making your living environment more pleasant.

Vedanta Ltd a lesson on the better path toward industrial expansion. Taipei-based Wistron is slowly exiting its business of assembling Apple’s marquee product. Two years ago, it sold a Chinese unit that makes iPhones to Luxshare Precision Industry Co.

New Delhi: India is set to emerge as a design and manufacturing hub for semiconductors in the next five years, said Ashwini Vaishnaw, the Union minister for electronics and information technology, in a conversation with Hindustan Times editor-in-chief R. Sukumar during a virtual session that kick-started the 21st edition of the Hindustan Times Leadership Summit on Tuesday. India, Vaishnaw argued, has three core strengths that will power its growth in this sector.

air purifiers come into play. In a bustling metropolis, where every nook and cranny is filled with dust, smoke, emissions, and debris, it's vital to understand the paramount importance of clean indoor air. The seemingly innocuous particles can result in allergies, infections, and even have lasting health implications, particularly affecting the vulnerable – toddlers, infants, and the elderly.

Aswhini Vaishnaw. The government has initially earmarked USD 10 billion incentive for setting up a semiconductor manufacturing ecosystem in the country including a wafer fabrication plant. The wafer fabrication plants are the first building block of physical chips that are used in all high-tech electronic products.

Priyank Kharge on Thursday sought to play down the US chipmaker Micron Technology's investment in Gujarat as a «scripted story of success» by the western state. The US multinational has pledged the largest investment under the Indian Semiconductor Mission (ISM) of $ 2.75 billion to set up an assembly, testing, marking and packaging (ATMP)plant in Gujarat. Kharge, addressing a media conference, wondered if anything significant in terms of investment was coming from Micron Technology. The governments of India and Gujarat were making the lion's share of investments.

Samsung Electronics Co Ltd reported a likely 78% drop in third-quarter operating profit on Wednesday, as the effects of an ongoing global chip glut drive losses in what is normally the South Korean tech giant's cash cow business. The world's largest memory chip and smartphone maker estimated its operating profit fell to 2.4 trillion won ($1.79 billion) in July-September, from 10.85 trillion won a year earlier in a short preliminary earnings statement. The profit beat a 2.1 trillion won LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate. The earnings guidance sent shares up 3.3% in early trade, versus a 1.8% rise in the wider market. Although down sharply from last year, Samsung's third quarter profit is higher than the first quarter's 640 billion won and the second quarter's 670 billion won.

Samsung Galaxy S22 Ultra 5G (12GB RAM, 256GB Storage) variant is currently priced at ₹84,999 instead of ₹1,31,999. Customers can avail an additional flat ₹10000 instant discount on SBI credit card transaction. Furthermore, interested buyers can reduce the value up to ₹37,500 by exchanging their old smartphones.

NEW DELHI : Inox Air Products Pvt. Ltd, India’s largest industrial gas producer, is planning to invest ₹300-500 crore to build ultra-high purification facilities and a supply chain for gases used by semiconductor fabrication facilities in India.

Akash Tripathi is set to take over as CEO of the India Semiconductor Mission (ISM) from October 9, official sources said. The addition to his portfolio of duties was notified by the ministry of electronics and IT on September 22.

By Louis Juricic and Sarina Isaacs

Investing.com — The Dow jumped Thursday, as investors bought the recent weakness in tech stocks just as the rally in Treasury yields paused ahead of key inflation data slated for Friday.  

air cleaner all the more evident. Today, air cleaners are not just a luxurious home accessory; they have become indispensable investments in our well-being, especially for the vulnerable members of our families. Despite the compelling need for air purification, many remain sceptical about investing in air cleaners.

Check out the companies making headlines in midday trading.

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(Reuters) — Micron Technology (NASDAQ:MU)'s first-quarter loss forecast has triggered concerns of a sluggish recovery in the memory chip maker's end-markets such as data centers, sending its shares down about 5% in premarket trading on Thursday.

Investing.com -- U.S. stock futures oscillated around the flatline, as the main indices on Wall Street are on track to post their worst month of 2023. Meanwhile, Micron Technology (NASDAQ:MU) shares fall steeply in premarket trading after the U.S. chipmaker announced a wider-than-expected first-quarter loss forecast, and Facebook-owner Meta Platforms (NASDAQ:META) unveils a host of new artificial intelligence-powered products.

Investing.com -- U.S. stock futures hint at a lower open, as the main indices on Wall Street are on track to post their worst month of 2023. Meanwhile, Micron Technology (NASDAQ:MU) shares fall steeply in premarket trading after the U.S. chipmaker announced a wider-than-expected first-quarter loss forecast, and Facebook-owner Meta Platforms (NASDAQ:META) unveils a host of new artificial intelligence-powered products.

Investing.com — Micron reported Wednesday better-than-feared fiscal fourth-quarter results, but a mixed picture on the outlook for the first quarter amid a challenging backdrop as the chip supply glut continued to keep a lid on demand.