Micron announced a second Taiwan facility to expand advanced DRAM and HBM capacity for AI-driven demand, and its shares jumped 4.2% premarket. Foxconn reported Q4 net profit down 2% year-over-year, missing estimates, but reiterated 'strong growth' guidance for Q1 and full-year revenue. The Micron expansion is a positive signal for AI-related semiconductor supply, while Foxconn's earnings miss tempers the overall tone despite its upbeat revenue outlook.
Micron announced a second Taiwan facility to expand advanced DRAM and HBM capacity for AI-driven demand, and its shares jumped 4.2% premarket. Foxconn reported Q4 net profit down 2% year-over-year, missing estimates, but reiterated 'strong growth' guidance for Q1 and full-year revenue. The Micron expansion is a positive signal for AI-related semiconductor supply, while Foxconn's earnings miss tempers the overall tone despite its upbeat revenue outlook.
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