Micron Financial News

28.07 / 18:21

UPS Target Progressive Manufacturing Micron AMD electronic India should get two semiconductor proposals within 12 months: Vaishnaw

Edited excerpts: You’ve got nearly $2 billion in investment commitments from AMD, Micron and Applied Materials. What’s the next target? We are already in discussion with many more players. So the next target is within the next 12 months.

28.07 / 18:21

Provident FIVE Manufacturing Software Pool Micron AMD AMD commits $400 mn to expand India R&D

Advanced Micro Devices (AMD), which designs but doesn’t manufacture its own chips, will invest about $400 million in India over the next five years to expand research, development and engineering operations in the South Asian nation, Mark Papermaster, executive vice president and chief technology officer said on Friday. “I am pleased to announce that AMD will invest approximately $400 million in India over the next five years," he said. Making the announcement at the Semicon India 2023 conference, the top executive said that AMD will build a new campus in Bengaluru which will be AMD’s largest R&D facility in the world.

28.07 / 17:45

Manufacturing Assurant Mobile Pool Micron AMD country PM pitches India to chip majors, assures reforms

New Delhi: Prime Minister Narendra Modi pitched India to global semiconductor companies, highlighting its expanding talent pool, favourable tax regime, and financial incentives. Modi urged investors to seize the opportunity to invest in India and assured them that reforms to improve the business environment will continue. “Last year, the question people were asking at Semicon India was why they should invest in India, but in one year, the question has changed to why not invest.

28.07 / 11:12

UPS Manufacturing Gap Micron AMD exclusive Vedanta to tie up with 3 firms for semiconductor biz, first chip in 2.5 years: Anil Agarwal

Vedanta chairman Anil Agarwal on Friday said that the company is in discussions with three firms to have separate tie-ups for foundry, chips and packaging and testing, for its semiconductor unit in India. In an exclusive conversation with Mint, Agarwal said that the tie-ups should happen in a few months.

28.07 / 11:06

Maxim Progressive Manufacturing CEO Micron electronic boost Micron’s investment will boost India’s tech chops and spur economic growth

Job creation and skill development: One of the primary benefits of Micron's investment in India will be the creation of high-value jobs. With its state-of-the-art semiconductor manufacturing facilities, Micron will not only hire top-tier talent but also collaborate with local educational institutions, fostering the development of skilled professionals in microelectronics. This transfer of knowledge and expertise is crucial to nurturing indigenous innovation and allowing homegrown technology companies to flourish.

28.07 / 07:37

Digital Manufacturing Strategy Micron AMD country PM Modi invites global semiconductors majors to invest in the country

Prime Minister Narendra Modi on Friday invited global semiconductors majors to come and invest in India and asserted that whosoever comes forward will have a “first mover’s advantage," while speaking at the 'Semicon India 2023' event.PM Modi said that India wants to emerge as a trusted partner for the semiconductor industry and is keen to be a chip supplier for the world. He told investors," You have to develop a chip-making ecosystem for Indians. I believe whosoever comes forward will have a first mover’s advantage." The event was aimed at bringing together global leaders from industry, academia and research institutions.

28.07 / 06:57

UPS Digital Progressive CEO Micron electronic Micron to make chips in India for local and global markets; create 5,000 jobs, CEO says

Gujarat facility will be shipped to Indian customers and also abroad, CEO of Micron Technology Sanjay Mehrotra said on Friday at the annual semiconductor conference in Gujarat. «I am proud to be here today to represent the company's commitment to build a semiconductor test facility right here in Gujarat. It is a first for India and the first major semiconductor company investment in the nation,» Mehrotra said at Semicon India 2023 event.

27.07 / 09:13

Manufacturing Micron IBM AMD electronic Govt will help to build ecosystem for chip manufacturing: MoS IT Rajeev Chandrasekhar

Rajeev Chandrasekhar said on Thursday. «The necessary policy framework is already in place to create a vibrant component ecosystem. And if there is any need for the government to intervene and create more PLI type of schemes, we will do so,» he said while addressing the media ahead of the 'Semicon India 2023' event in Gandhinagar.

27.07 / 02:53

Manufacturing Micron IBM AMD country Foxconn, Micron, AMD among top chip makers to participate in Semicon India event in Gujarat on July 28

the future of the semiconductor industry in both India and Gujarat," the release further noted. The Semicon India event will be inaugurated by Prime Minister Narendra Modi on July 28 and will attended by delegates from 23 countries.

26.07 / 01:55

Micron Cummins dividend Dividend Stocks: 20 Microns, 3M India, 10 other stocks to trade ex-dividend - July 26

20 Microns Ltd: The company has declared a final dividend of ₹0.75. It will trade ex-dividend on July 26, 2023. 3M India Ltd: The company has declared a final dividend of ₹100.

24.07 / 09:41

UPS Booking Manufacturing Micron country China hits back against Western sanctions

China’s monopoly on rare earths, minerals crucial to the production of most modern hardware, would become a tool to counter American pressure. “Don’t say we didn’t warn you," the Communist Party mouthpiece thundered. For years the bluster was just that.

23.07 / 18:11

UPS Aware Micron country Phenomenal interest in India’s semiconductor industry, says Piyush Goyal

Piyush Goyal Sunday said that industry’s interest in India’s semiconductor sector is “phenomenal” and that companies like Micron and Foxconn are looking at various levels of engagement. “It is process driven. These are things that don't happen overnight…It’s not like somebody in my own state in Maharashtra some of the politicians who say I completely lost that government and that the project decided to shift to another neighboring states,” Goyal said at an event organised by CareEdge Ratings.

23.07 / 13:37

Manufacturing Micron IBM AMD electronic Prime Minister Modi to inaugurate 'Semicon India 2023' at Gandhinagar on July 28

Narendra Modi will inaugurate 'Semicon India 2023', a premier showcase of India's semiconductor capabilities and chip design innovation, on July 28 at Gandhinagar. With the participation of companies like Foxconn, Micron, AMD, IBM, Marvell, Vedanta, LAM Research, NXP Semiconductors, STMicroelectronics, the mega event will shine a light on India's rapid strides towards fostering global semiconductor manufacturing and design ecosystem.

20.07 / 19:53

UPS Provident FIVE Manufacturing Strategy Pool Micron India, Japan sign MoU on semiconductor development

New Delhi: India and Japan signed a memorandum of understanding (MoU) on semiconductor development, which will include design, manufacturing, equipment research and talent development. Union Minister Ashwini Vaishnaw said that the agreement as a substantial step to create a resilient complete value chain. "The MoU is on five fronts, viz. semiconductor design, manufacturing, equipment research, talent development, and bringing resilience to the semiconductor supply chain," said Vaishnaw.

20.07 / 17:25

Cooper Micron Microchip Huawei country China doesn’t want a trade war with the US but will retaliate against further curbs, ambassador says

China's ambassador to the United States says it does not want a trade war but will retaliate against any further U.S. restrictions on technology and trade

19.07 / 19:43

UPS Manufacturing Intel Micron stage electronic ‘Announcements on chip fabs soon’

NEW DELHI : India will soon announce a 40 nanometre (nm) semiconductor fabrication unit and multiple compound fab proposals under the modified semiconductor investment scheme, minister of state for electronics and IT Rajeev Chandrasekhar said. “We will certainly have, very soon, an announcement of a 40nm silicon fab. We will also have multiple compound fab proposals," Chandrasekhar said in an interview.

19.07 / 00:41

COST UPS Manufacturing Software Intel Micron HCL Group planning $300 million semicon foray, say sources

HCL Group, which began decades ago as a maker of computer hardware and peripherals before establishing its software credentials globally, plans an ambitious foray into India’s fast-evolving semiconductor ecosystem, several officials and industry executives aware of the development told ET. The HCL Group is close to submitting a proposal to the Centre to set up an assembly, testing, marking, and packaging (ATMP) unit for semiconductors, they added.

17.07 / 17:53

Progressive Manufacturing NVIDIA Samsung Intel Micron Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says

The Biden administration’s potential curbs on sales of advanced semiconductors to China could undermine huge new government investments in domestic chip-making, the U.S. chip-industry trade group said Monday. The Biden administration is considering a raft of new curbs on the sale of chips to China, aiming to disrupt Beijing’s use of artificial intelligence for hacking and weapons development.

15.07 / 11:19

Platform Software Micron week HDFC Bank, Tata Elxsi, LTI Mindtree, others Q1 results to watch out in next week from July 17-21; check list here

Mastek, Jubilant Pharmova, Newgen Software Technologies, Good Luck India, Premier Explosives, KCP Sugar Ind Corp, Indbank Merchant Banking Services, Tata Communications, Tata Coffee, Shemaroo Entertainment, TRF. July 20 Hindustan Unilever, Infosys, Havells India, MphasiS, Dalmia Bharat, Persistent Systems, COFORGE LIMITED, ICICI Securities, 360 ONE WAM, CSB Bank, HMT, DB Corp, Shalby, NELCO, Reliance Industrial Infrastructure, Goa Carbon, United Spirits, Union Bank of India, Tanla Platforms, Zensar Technologies, South Indian Bank, Tokyo Plast International.

12.07 / 13:05

Reuters Progressive Manufacturing Gap LinkedIn Micron Gujarat in talks with Foxconn for its semiconductor plant

Gujarat government is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after the Taiwanese giant broke off a $19.5 billion joint-venture plan with India's Vedanta. «We are in touch with multiple prospective investors, including Foxconn… Gujarat is uniquely positioned to attract top chipmakers,» said Vijay Nehra, secretary of the science and technology department in Gujarat. Foxconn this week exited its project with Vedanta, which was also planned for Prime Minister Narendra Modi's home state of Gujarat, citing issues such as slow progress.

11.07 / 07:55

COST UPS Manufacturing Micron Diodes China escalates chip war with new curbs against US

China is escalating its chip war with the United States by imposing export controls on the overseas sales of gallium and germanium, elements essential to making semiconductors, CNN Business reported. China's trump card is seen as the counter-attack to potential US tightening of [its] AI chip ban. «We see this as China's second, and much bigger, countermeasure to the tech war, and likely a response to the potential US tightening of [its] AI chip ban,» said Jefferies analysts as cited by CNN Business.

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