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Micron starts exporting from $2.75B Gujarat AI memory plant

Micron (MU) has begun exporting chips from its semiconductor assembly and test plant in Gujarat, India, built at about $2.75 billion, as demand tied to AI infrastructure rises. The operation is “barely starting to ramp.”

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Memory-chip maker Micron Technology Inc. (MU, Financials) has started exporting chips from a new production operation that is only beginning to ramp, supported by rising demand for AI infrastructure. 75 billion of investment.