Bloomberg Tech Micron Plans $200 Billion US Chip Spend, Chime IPO
Jun 12, 2025
Micron is making waves with a bold $200 billion investment in U.S. chip manufacturing, aiming to reshape the semiconductor landscape. Meanwhile, Chime CEO Chris Britt shares insights into the company’s optimistic growth as it prepares for an IPO, having raised over $864 million. The discussion also covers Oracle's impressive earnings driven by cloud sales, while highlighting the importance of comprehensive technology solutions for businesses in today’s competitive market.
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Micron's Long-Term U.S. Chip Investment
- Micron's $200 billion U.S. investment plan spans decades due to cash flow and capital spending concerns.
- This strategic move aligns with U.S. tech policy and addresses supply constraints in memory chips.
Micron's Role in High Bandwidth Memory
- High bandwidth memory (HBM) is stacked DRAM critical for GPUs and AI accelerators.
- Micron is gaining share amidst supply constraints as SK Hynix leads and Samsung faces issues.
Oracle Cloud Demand Reflects Supply Constraints
- Oracle's cloud business is thriving despite previous challenges.
- High demand signals ongoing supply constraints fueling growth in technology infrastructure.