AI

Micron Technology (MU) Eyes $500 Target Following Strategic Taiwan Expansion and $18.7B Revenue Outlook

Micron Technology

Micron Technology (MU) Eyes $500 Target Following Strategic Taiwan Expansion and $18.7B Revenue Outlook

In a move that underscores the relentless demand for high-performance artificial intelligence (AI) infrastructure, Micron Technology (NASDAQ: MU) has officially finalized the acquisition of a major manufacturing facility in Taiwan from Powerchip Semiconductor Manufacturing Corporation (TWSE: 6770). The $1.8 billion deal for the P5 facility in Tongluo, Miaoli County,

By MarketMinute