Tag: MU

New York Joins IBM, Micron in $10 Billion Chip Research Complex
World

New York Joins IBM, Micron in $10 Billion Chip Research Complex

Updated Dec. 11, 2023 12:26 pm ETNew York state is joining chip companies to invest $10 billion in a semiconductor research facility near the University at Albany that is set to bring advanced chip-making equipment to the state.NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility is to be built, will coordinate its construction. It will also use state funds to acquire chip-making equipment from ASML Holding, a Dutch company whose machines can cost hundreds of millions of dollars and are key to making the most advanced chips possible.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
New York Joins IBM, Micron in $10 Billion Chip Research Complex
Technology

New York Joins IBM, Micron in $10 Billion Chip Research Complex

Dec. 11, 2023 12:01 am ETNew York state is joining chip companies to invest $10 billion in a semiconductor research facility at the University at Albany that is set to include some of the most advanced chip-making equipment in the world.NY Creates, a nonprofit that oversees the Albany NanoTech Complex where the facility is to be built, will coordinate its construction. It will also use state funds to acquire chip-making equipment from ASML Holding, a Dutch company whose machines can cost hundreds of millions of dollars and are key to making the most advanced chips possible.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Edges Higher, Building on November Gains
Money

S&P 500 Edges Higher, Building on November Gains

The S&P 500 edged higher Tuesday, lifted by rising tech stocks and consumer-focused shares.The broad U.S. stock index is on pace to end November with its best monthly performance since July 2022, boosted by a decline in bond yields. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8