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Micron Technology on Tuesday slightly raised its capital expenditure forecast for 2024, as the U.S. chipmaker invests heavily to make high bandwidth memory semiconductors to meet surging demand from...
The Biden administration on Friday (US time) revised rules aimed at making it harder for China to gain access to US artificial intelligence (AI) chips and chipmaking tools, as part of the US efforts to curb China’s chipmaking industry over the so-called national security concerns.
"What's going to be needed to attract more companies like Micron... is predictability on policy, not just for the next five years, but for the next 25 years or beyond," Bhatia said.
It has already started construction of the plant by roping Tata Projects, and the hiring process has also begun, the US-based company's president and chief executive Sanjay Mehrotra said at the Vibrant Gujarat Global Summit here.
(This story has not been edited by THE WEEK and is auto-generated from a PTI