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Deseret News Share this story Micron Technology The iconic TI-81 calculator may be gathering dust, but Texas Instruments, now a multiplying force in semiconductor manufacturing, is looking to add to Utah business with the purchase of the Micron Technology microchip fabrication plant in Lehi for $900 million in cash. Rumors about the Micron facility’s sale had been swirling for weeks ahead of the announcement. “This investment continues to strengthen our competitive advantage in manufacturing and technology and is part of our long-term capacity planning,” Texas Instruments chairman, president and CEO Rich Templeton said in a statement. Micron said the economic value of the sale for the company includes $900 million in cash from Texas Instruments in the sale transaction and $600 million from liquidation of select tools and other assets. ....
SALT LAKE CITY The iconic TI-81 calculator may be gathering dust, but Texas Instruments, now a multiplying force in semiconductor manufacturing, is looking to add to Utah business with the purchase of the Micron Technology microchip fabrication plant in Lehi for $900 million in cash. Rumors about the Micron facility s sale had been swirling for weeks ahead of the announcement. This investment continues to strengthen our competitive advantage in manufacturing and technology and is part of our long-term capacity planning, Texas Instruments chairman, president and CEO Rich Templeton said in a statement. Micron said the economic value of the sale for the company includes $900 million in cash from Texas Instruments in the sale transaction and $600 million from liquidation of select tools and other assets. ....
Micron says demand for memory chips will stay strong, but its stock falls anyway SHARE Micron Technology Inc. hosted a lively earnings call today, saying it expects demand for flash memory chips to remain high for the rest of the year even as the supply of other kinds of computer chips begins to meet customers’ needs. It also announced the sale of a manufacturing plant in Lehi, Utah, where it had previously made 3D Xpoint chips in partnership with Intel Corp., as well as a big investment in some important, next-generation chipmaking machinery. The company posted strong results. It reported a third-quarter profit before certain costs such as stock compensation of $1.88 per share on revenue of $7.42 billion, up from $5.44 billion in the same period one year ago. That was better than expected, with Wall Street analysts looking for earnings of just $1.72 per share on revenue of $7.32 billion. ....
Jun 1, 2021 9:10pm Micron is adapting new memory and storage technology for smart vehicles and faster, more efficient client computers and data centers as AI and 5G create a data explosion. (Micron Technology) Memory and storage products are the fastest-growing segments of the semiconductor market, moving from about 10% of revenues to more than 25% over the last two decades. It makes sense then that companies like Micron Technology would seek ways to capitalize on that growth by expanding form factors and features of recent products to meet expanding needs in client computers and data center servers as well as growth in the smart auto space. ....
Chip shortage crimping output of electronics By MA SI | China Daily | Updated: 2021-04-16 09:08 Share CLOSE Technicians test chips at a company in Shehong, Sichuan province. [Photo by LIU CHANGSONG/FOR CHINA DAILY] The ongoing global chip shortage is crimping production of certain personal computers, smartphones and automobiles, and semiconductor component prices are rising significantly, experts and company executives said. More than 20 integrated circuit companies have raised prices of their products and manufacturing services starting April 1, ranging from semiconductor material plants to chip design and manufacturing facilities, according to data compiled by the financial news outlet 21st Century Business Herald. ....