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Technology / AI and automation

MICRON TO DELAY ITS UTAH PLANT UNTIL CHIP MARKET PICKS UP AGAIN

One of the first among the string of companies planning new billion dollar wafer fabs to call a halt is Micron Technology Inc as suddenly the chip business does not look quite so hot. It has put construction of its $2,500m wafer fab plant in Lehi, Utah on hold until conditions improve. It has already spent $400m on the project.

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CBR Staff Writer

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