Tag Archives: chip

Micron Technology Inc. shares rose in the extended session Wednesday after the Boise, Idaho-based chip maker’s earnings and outlook topped Wall Street estimates and its CEO defended its capital spending amid a worldwide chip shortage. Micron’s stock MU, +1.93% rose 3.5% after hours, following a 1.9% gain in the regular …

Taiwan Semiconductor Manufacturing Co., the world’s largest contract manufacturer of silicon chips, said Friday it would spend $ 12 billion to build a chip factory in Arizona, as U.S. concerns grow about dependence on Asia for the critical technology. TSMC TSM, +2.31% 2330, +1.70% said the project, disclosed earlier Thursday …