Page 7 - Micron Technologies News Today

CFO news

Following Prime Minister Narendra Modis meeting with Micron CEO Sanjay Mehrotra, Micron Technology will invest USD 2.5 billion (INR 22,500 crore) to establish an ATMP (assembly, test, marking, and packaging) facility in Gujarats Sanand GIDC-II, the Gujarat government announced on Wednesday.

The willingness of the US to provide India some technology without expecting reciprocity is gratifying. But is it not one-sided, with India getting technologies it has not been able to develop by itself?

Gujarat government and Micron Technology have signed an MoU to establish a semiconductor chip manufacturing plant in Gujarats Sanand. Micron will invest $2.5 billion in the facility, which is expected to create 20,000 direct and indirect job opportunities.

Washington is integrating India ever more fully into its incendiary all-sided, diplomatic, economic, strategic and military offensive against China.

Live coverage of what is moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite

Indo-US tech deals expand scope for private sector

ISMC, backed by Abu Dhabi-based Next Orbit and Tower Semiconductor, has asked the Centre not to consider its proposal owing to a pending merger between Intel and Tower Semiconductor.

Earnings reports from Nike, General Mills, Carnival, Micron, Walgreens, and more. Plus, core PCE inflation data and Federal Reserve bank stress test results.

It is clear that Narendra Modi, India's prime minister, triumphed at his trip to the United States.