Construction of the semiconductor facility, which covers an area of nearly 50 acres in the Sanand industrial zone, began in July last year.

Morgan Stanley analyst Joseph Moore lowered the firm’s price target on Micron (MU) to $91 from $98 and keeps an Equal Weight rating on the

Shares of memory chips maker Micron (NYSE:MU) fell 10.4% in the morning session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions,

Currently only two in five semiconductor firms are confident in their supply chain's robustness. To mitigate risks, companies are shifting towards domestic and regional sourcing

Tata Projects is rapidly advancing the construction of Micron Technology's expansive semiconductor assembly and test facility in Sanand, India. The facility, set to be the largest back-end semiconductor unit globally,

Micron Technology's growth is driven by AI development and US government support. Click here to read more about MU stock and why it is a Buy.

Tata Projects completes 60% of Micron Technology's semiconductor plant in Sanand, Gujarat, set to be handed over by 2025.

Idaho-based Micron Technology Inc. aims to ramp up to about 250 employees at its roughly 60,000-square-foot facility at Collins Crossing in about four years. The company plans to invest about $30 million in the first two years toward tenant improvements including equipment, furniture and fixtures.

Shares of memory chips maker Micron (NYSE:MU) fell 5.3% in the morning session after peer, SK Hynix, raised concerns about potential demand challenges. During the earnings call, CFO Woo-Hyun Kim stated,

Sen. Chuck Schumer accused Trump of unlawfully withholding funding approved by Congress, warning that the freeze could harm families and economic growth. Companies like GlobalFoundries and Micron, major CHIPS Act beneficiaries, are reviewing the order’s implications.

Tata Projects is constructing Micron Technology's first semiconductor assembly and test facility in India, located in Sanand. Scheduled for completion by December 2025, the project has finished 60% of its work.

In June 2023, the Gujarat government signed a Memorandum of Understanding with Micron for setting up a USD 2.75 billion semiconductor assembly and test facility at Sanand.