13 AI News and Ratings You Probably Missed

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7. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 107

Micron Technology, Inc. (NASDAQ:MU) develops and produces memory and storage solutions, catering to a wide range of markets such as data centers, automotive, consumer electronics, and mobile devices across the globe.

Micron Technology has started constructing a High-Bandwidth Memory advanced packaging facility in Singapore, the first of its kind in the country. It is scheduled to begin operations in 2026 and the facility will support AI-driven demand growth and expand advanced packaging capacity by 2027. The $7 billion investment will initially create 1,400 jobs, with plans to reach 3,000 roles, including packaging development and assembly. The facility aligns with Micron’s sustainability goals which include greenhouse gas reduction and water recycling, and will seek LEED certification. This initiative strengthens Singapore’s semiconductor ecosystem and Micron’s global AI-focused capabilities.

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