Micron Technology shares surged nearly 19% after a strong revenue forecast, potentially adding over $19 billion to its market value. The rising prices of high-bandwidth memory chips are expected to boost margins. This news also sparked gains for major chip companies like Nvidia and Intel. Take a look at this report for more.

Micron Shares Soar on Strong Outlook

Microsoft claims Russian hackers are trying to break into its system again with data they stole from corporate emails in an attack in January. Understand that this January 12th Microsoft revealed that a Russian state-sponsored group breached its systems to access staff emails and documents.

Microsoft emails hacked by Russian hackers

A US court has ruled in favour of a Chinese chipmaker accused of stealing trade secrets from Micron Technology, a leading American memory chip manufacturer. Watch in for more details!

Chinese chipmaker cleared in US criminal trade secrets case

Micron technology has successfully settled a high-profile intellectual property theft lawsuit with a Chinese counterpart, showcasing a diplomatic effort to mend relations with Beijing. The resolution comes in the aftermath of China's ban on Micron's chips for critical infrastructure, citing cybersecurity concerns.

Micron reaches agreement with Chinese firms | World Business Watch

US chip maker Micron stock dips despite upbeat earnings forecast

Micron, the largest US chip maker, saw its shares tumble the most in two months. The decline comes after the company's warning that operating costs are surging more than predicted. The stock price dropped 4.6%, its worst since september 28. As of monday's closing, it had risen 55% for the year, boosted by hopes that the chip sector recovered from a slump. Micron announced $990 million in adjusted operating expenditures for the quarter. That was higher than the market prediction of $900 million.

Micron's optimistic market view

India's cabinet on Tuesday to authorized Micron Technologies 2.7 billion dollar semiconductor testing and packaging plant that's used that was based on a Reuters report quoting a senior government Source now the Reuters saw said the government granted 110 billion rupees or 1.34 billion dollars in production linked incentives for the micron facility in Gujarat.

India approves Micron's $2.7 billion chip factory, ahead of PM Modi's US visit

US chipmaker Micron to pump $600mn in China plant weeks after chip ban showdown

Micron predicts a hit to revenues from China's decision to ban the sale of its products to critical Chinese businesses. Where the US chipmaker got nearly 11% of its revenue from mainland China in its last fiscal year reports suggest that this is a fallout from the latest Sino-American trade dispute. Shares of Micron dropped as much as five percent that's the highest in over seven weeks and falls by 30% this year.

Micron predicts revenue hit from China's ban

China's Cyberspace Administration said that Micron's products pose significant network security risks, citing concerns for China's critical information infrastructure supply chain and national security. As a result, operators of key infrastructure will be barred from purchasing Micron's products. This decision comes amidst the ongoing dispute over chip technology between the United States and China, adding fuel to the already simmering tensions.

Micron fails China's security check

Chip Clash Escalates: China Bans Micron's Products Citing Network Security Flaws

China's Cyberspace Administration (CAC) has made an announcement that it conducted a network security review on Micron Technology a US-based memory chip maker and found that Micron's products failed to meet the required standards. As a result the CAC stated that the operators of key infrastructure would be prohibited from buying from the company now.

US-based Micron products are under fire in China over security concerns

China bans chipmaker Micron, says it failed network security review

China to test US chipmaker Micron’s products for ‘risks’ amid spat with Washington

US-based semiconductor company Micron has announced that the company will lay off 10% of its workforce next year, citing a nagging glut in the semiconductor market.

World Business Watch: Chipmaker Micron to cut 10% jobs in 2023

Micron Technology shares headed higher after the memory chip company posted strong results, while providing better-than-expected forecasts for the current quarter.

Micron shares rise on strong quarter 1 results

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