Search results for Boise
AI & Enterprise
Micron quarterly results nearly quadruple on AI boom, HBM demand outstrips supply
Micron posted quarterly results that beat market expectations, helped by a surge in memory demand from expanding AI infrastructure. It also issued a next-quarter forecast that exceeded market estimates, supporting expectations that shortages of AI memory could persist. The company reported fiscal fourth-quarter revenue of $54.23 billion and non-GAAP adjusted net profit of $38.4 billion, and guided for fiscal first-quarter revenue of about $61.5 billion.
AI & Enterprise
U.S. chip industry may face 157,000 worker shortfall by 2030, Samsung deploys Korean staff
The U.S. semiconductor industry could face a workforce shortfall of up to 157,000 people by 2030 as it expands production of AI chips, a forecast said. The supply of engineers and skilled technicians is failing to keep pace with factory buildouts, intensifying competition among major chipmakers. Samsung Electronics and SK hynix are temporarily deploying Korean staff for initial operations, while U.S. universities and federal programs expand semiconductor training.
Industry
AI memory boom reshapes U.S. Idaho city as Micron\'s $50 billion expansion stirs local economy
Micron\'s large-scale semiconductor plant expansion is changing employment, consumer spending and the property market in Boise, Idaho, an online outlet reported. As AI-driven demand reshapes the memory-chip cycle, the area is seeing rapid growth in new jobs and development alongside rising housing costs and traffic congestion. Micron is building two new manufacturing facilities and expects more than 17,000 additional jobs, while investing $75 million in childcare, education and regional development.