When it comes to investing in artificial intelligence (AI), it may seem like Nvidia is the main focus of investors. The company has muscled its way into the “Magnificent Seven” as it claims between 80% and 95% of the AI chip market. However, Nvidia has also grown to a price-to-sales (P/S) ratio of 36, leading …
Micron has recently made an exciting announcement regarding a significant boost in some of the best graphics cards, coming at a perfect time. In the first half of 2024, Micron plans to launch the next-gen GDDR7 memory standard. This release aims to address concerns about VRAM limitations and potentially contribute to the ongoing rise in …
According to the Wall Street Journal, the United States is contemplating implementing additional limitations on the export of artificial intelligence (AI) chips to China. This news resulted in a decline of over 2 percent in Nvidia’s shares, while Advanced Micro Devices (AMD) saw a decrease of approximately 1.5 percent during after-hours trading. The report suggests …
Two days after reports confirmed India’s approval of Micron’s plan for a new semiconductor unit, the US chipmaker has announced its investment of up to $825 million to establish a chip testing and packaging unit facility in India. This facility will be Micron’s first in the country and will be located in Gujarat. According to …
India’s cabinet has given its approval to Micron Technology’s $2.7 billion plan for a new semiconductor testing and packaging unit, according to a senior government source. This development comes just before Prime Minister Narendra Modi’s visit to the United States. The government has agreed to provide production-linked incentives worth $1.34 billion for the construction of …