Micron Boosts the Consolidation Wave in the Semiconductor Space

Previously in this series, we discussed Tsinghua Group’s offer of $23 billion to acquire Micron Technology (MU). If Micron’s buyout finally happens, it would be the latest among many acquisitions that have happened lately in the chip space. Rising costs and shrinkage in the customer base have forced the chip manufacturers to go for mergers or be acquired to achieve economies of scale.

Read the source article at Yahoo Finance


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