Micron Technology Stock: New Factory Opened in Taichung - Börse Express
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Micron Technology is pushing forward with the expansion of its production infrastructure for cutting-edge memory chips. On Thursday, the U.S. corporation opened its second Taiwanese factory for Advanced Assembly and Test (AATT2) at the Taichung site. The new facility is intended to create additional capacities in the field of advanced packaging in order to respond to the persistently tight supply of High-Bandwidth Memory (HBM) components. On European trading venues, the move is reflected in a subdued market: Micron's stock is trading today at 811.00 euros, which corresponds to a decrease of 1.2 percent. The commissioning of the new plant complex addresses a central bottleneck in the semiconductor industry, as HBM modules for demanding data centers and server structures remain scarce. The expansion was flanked by prominent backing: Elon Musk expressed public appreciation yesterday for Micron's approach regarding future memory prices, distinguishing this policy from the price demands of other industry suppliers. For Micron, the plant expansion in Taichung represents another building block to secure its supply position with customers. Over the past seven days, the stock has nevertheless been under selling pressure and recorded a minus of 12 percent. Despite the operational progress in Taichung, the company is facing personnel tensions locally. At Micron, the union voted for a...
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