Construction of the semiconductor facility, which covers an area of nearly 50 acres in the Sanand industrial zone, began in July last year.

Shares of memory chips maker Micron (NYSE:MU) fell 10.4% in the morning session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions,

Currently only two in five semiconductor firms are confident in their supply chain's robustness. To mitigate risks, companies are shifting towards domestic and regional sourcing

Tata Projects is rapidly advancing the construction of Micron Technology's expansive semiconductor assembly and test facility in Sanand, India. The facility, set to be the largest back-end semiconductor unit globally,

Tata Projects completes 60% of Micron Technology's semiconductor plant in Sanand, Gujarat, set to be handed over by 2025.

Micron Technology's growth is driven by AI development and US government support. Click here to read more about MU stock and why it is a Buy.

Micron Technology (NASDAQ: MU) has historically been among the most frustrating semiconductor stocks for investors. Chip stocks are cyclical by nature, and the extreme fluctuations in the memory chip market have often wiped out the stock's gains from the most recent bull markets.

Shares of memory chips maker Micron (NYSE:MU) fell 5.3% in the morning session after peer, SK Hynix, raised concerns about potential demand challenges. During the earnings call, CFO Woo-Hyun Kim stated,

Morgan Stanley analyst Joseph Moore lowered the firm’s price target on Micron (MU) to $91 from $98 and keeps an Equal Weight rating on the

Construction of US-based Micron Technology's semiconductor assembly and test facility at Sanand, near Ahmedabad, is set to be completed by December 2025. Tata Projects, overseeing the project, has already completed 60% of the work.

Sen. Chuck Schumer accused Trump of unlawfully withholding funding approved by Congress, warning that the freeze could harm families and economic growth. Companies like GlobalFoundries and Micron, major CHIPS Act beneficiaries, are reviewing the order’s implications.

Tata Projects is constructing Micron Technology's first semiconductor assembly and test facility in India, located in Sanand. Scheduled for completion by December 2025, the project has finished 60% of its work.