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04/12/2025
Market news: Daiwa Securities of Japan will invest 32 million USD in an Indian wealth management company.
Latest
2 m ago
TikTok launches its first project in Latin America, investing over 3.7 billion US dollars to build a data center in Brazil.
3 m ago
Hong Kong continues to receive disaster relief supplies coordinated and provided by the central government.
3 m ago
The rate cut index of the US stock market rose by more than 1.4%, hitting a new daily high. The Russell 2000 index rose by 1.4%. The Nasdaq Biotechnology Index rose by 1.8%.
8 m ago
Micron will exit the consumer-grade memory business amid global memory supply shortages.
9 m ago
Micron Technology (MU.O) announced on Wednesday that it will be exiting its consumer business. The company is increasing production of advanced storage chips for artificial intelligence data centers amid a global shortage in key semiconductor supplies. Micron's decision to exit its consumer business comes against the backdrop of tight global memory supply chains, from flash memory chips used in smartphones to high-bandwidth memory (HBM) used in advanced storage for AI data centers. Micron stated that it will stop selling consumer-grade branded products through global retailers, electronics retailers, and distributors in the "critical" segment, but will continue to ship through consumer channels until February 2026.
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