(RTTNews) - Micron Technology, Inc. (MU) is investing about $24 billion over the next decade to build an advanced wafer fabrication facility in Singapore, the company said in a statement. The new fab, part of Micron's existing NAND campus, will offer roughly 700,000 square feet of cleanroom space and is scheduled to begin production in the second half of 2028. The facility, Singapore's first doubl...
(RTTNews) - Micron Technology, Inc. (MU) is investing about $24 billion over the next decade to build an advanced wafer fabrication facility in Singapore, the company said in a statement. The new fab, part of Micron's existing NAND campus, will offer roughly 700,000 square feet of cleanroom space and is scheduled to begin production in the second half of 2028. The facility, Singapore's first double-story wafer fab, aims to meet rising demand for NAND memory driven by AI and data-intensive applications. It will form a key part of Micron's NAND Center of Excellence in Singapore, providing additional capacity to support ongoing technology transitions and long-term demand for advanced storage solutions. By co-locating research and development with manufacturing, Micron expects to improve operational efficiency, shorten development cycles, and strengthen collaboration with academic and industry partners. The expansion builds on Micron's high-bandwidth memory (HBM) packaging facility at the same site, which is on track for 2027 output. The combined investments are expected to create around 3,000 jobs, with 1,600 linked to the new fab. "Micron's latest expansion will strengthen our semiconductor ecosystem and further anchor Singapore as a critical node in the global semiconductor supply chain," said Jermaine Loy, managing director of the Singapore EDB. "This investment rides on growth in AI and will provide good jobs for Singaporeans. Micron's advanced facility will leverage advanced robotic automation and boost our advanced manufacturing ecosystem, helping our workforce seize new opportunities." The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
asbe/iStock via Getty Images Down 47% from its August highs, Upstart Holdings, Inc. ( UPST ) presents a compelling buying opportunity at current levels thanks to its structural strength, improving AI model performance, and an encouraging macro environment. A major factor contributing to Upstart’s slide over the past month is its loan book’s significant sequential growth in Q3 2025, despite the com...
asbe/iStock via Getty Images Down 47% from its August highs, Upstart Holdings, Inc. ( UPST ) presents a compelling buying opportunity at current levels thanks to its structural strength, improving AI model performance, and an encouraging macro environment. A major factor contributing to Upstart’s slide over the past month is its loan book’s significant sequential growth in Q3 2025, despite the company’s promise to reduce its larger-than-normal loan book by the end of 2025, raising fears that the company may be struggling to see demand for the loans held on its balance sheet. That said, Upstart’s loan book may be a hidden asset amidst an improving credit environment, with an expected robust GDP growth and cooling inflation rates potentially paving the way for more rate cuts than expected in 2026. These factors could see Upstart report an improved net interest margin (NIM) in FY 2026, boosting its bottom line, while helping it secure funding deals to reduce its loan book at better terms. This view can be supported by Upstart’s improving loan performance amidst an elevated Upstart Macro Index (UMI) reading in Q3 2025. In fact, the company’s loan performance in Q3 represents a significant YoY improvement in terms of 90+ day delinquencies and net charge-offs at a similar UMI level and a larger loan book. In my opinion, these results are a testament to the quality of Upstart’s underwriting capabilities and the advancement of its AI models. On that note, Upstart’s AI models proved to be a headwind to the company’s Q3 earnings after its models overreacted to macro signals by lowering approvals and offering higher interest rates, leading its conversion rate to drop sequentially. Despite this headwind, Upstart was still able to report significant YoY adjusted EBITDA growth and maintained its GAAP profitability, all bullish signs for the company’s ability to operate profitably in worsening macro conditions. It is for these reasons that I’m reiterating my buy rating for Upstart...
imaginima/iStock via Getty Images In my prior report on Tesla, Inc. ( TSLA ), I concluded that execution on robotics is a must for Musk. In my view, everything that Tesla does and Musk aspires hooks into each other as I discuss in this report. That also means that Tesla should not be valued according to the valuation standards for car manufacturers, but as I discuss in this report, it also exponen...
imaginima/iStock via Getty Images In my prior report on Tesla, Inc. ( TSLA ), I concluded that execution on robotics is a must for Musk. In my view, everything that Tesla does and Musk aspires hooks into each other as I discuss in this report. That also means that Tesla should not be valued according to the valuation standards for car manufacturers, but as I discuss in this report, it also exponentially increases the pressure on the car manufacturer to execute the broader strategy. Musk’s Autonomy Strategy The strategy that is being executed at Tesla is one that echoes Musk’s mindset that civilization progresses by increasing automation, intelligence, safety, and security. Autonomy plays a key role in there, and the executive strategy is to solve autonomy problems once and then deploy it everywhere. Cars are in some way just the easier entry point to execute that strategy. It provides Tesla with the economic engine to execute the broader strategy. Worldwide, Tesla cars are being sold alongside other electric vehicles because they are electric vehicles and thus less demanding regarding pollution and global warming. At least, that is the framing. Worldwide, there are around 1.5 billion vehicles at an average price of a Tesla, which gives a $67.5 trillion addressable market. Tesla will not be reaching sales on that level any time soon, as its EV adoption has yet to grow, and within the EV sphere, there is fierce competition. However, it does show where the money has to come from and how the broader autonomy strategy had to start with cars. In some way, the cars give Tesla huge data generators to develop full self-driving capability, turning them into transport robots. From there, other modes of transport, such as the freight segment and public transportation, of ground transportation can be electrified and made autonomous in the mindset that you solve the autonomy issue once and then deploy it everywhere, and autonomy also, in theory, improves safety. Other modes of tr...
imaginima/iStock via Getty Images In my prior report on Tesla, Inc. ( TSLA ), I concluded that execution on robotics is a must for Musk. In my view, everything that Tesla does and Musk aspires hooks into each other as I discuss in this report. That also means that Tesla should not be valued according to the valuation standards for car manufacturers, but as I discuss in this report, it also exponen...
imaginima/iStock via Getty Images In my prior report on Tesla, Inc. ( TSLA ), I concluded that execution on robotics is a must for Musk. In my view, everything that Tesla does and Musk aspires hooks into each other as I discuss in this report. That also means that Tesla should not be valued according to the valuation standards for car manufacturers, but as I discuss in this report, it also exponentially increases the pressure on the car manufacturer to execute the broader strategy. Musk’s Autonomy Strategy The strategy that is being executed at Tesla is one that echoes Musk’s mindset that civilization progresses by increasing automation, intelligence, safety, and security. Autonomy plays a key role in there, and the executive strategy is to solve autonomy problems once and then deploy it everywhere. Cars are in some way just the easier entry point to execute that strategy. It provides Tesla with the economic engine to execute the broader strategy. Worldwide, Tesla cars are being sold alongside other electric vehicles because they are electric vehicles and thus less demanding regarding pollution and global warming. At least, that is the framing. Worldwide, there are around 1.5 billion vehicles at an average price of a Tesla, which gives a $67.5 trillion addressable market. Tesla will not be reaching sales on that level any time soon, as its EV adoption has yet to grow, and within the EV sphere, there is fierce competition. However, it does show where the money has to come from and how the broader autonomy strategy had to start with cars. In some way, the cars give Tesla huge data generators to develop full self-driving capability, turning them into transport robots. From there, other modes of transport, such as the freight segment and public transportation, of ground transportation can be electrified and made autonomous in the mindset that you solve the autonomy issue once and then deploy it everywhere, and autonomy also, in theory, improves safety. Other modes of tr...
Seven foreign-born players for Malaysia’s national football team have been cleared to keep competing after the Court of Arbitration for Sport temporarily halted Fifa-imposed bans while their appeal is reviewed, Malaysia’s football federation said on Tuesday. Last September, Fifa fined the Football Association of Malaysia 350,000 Swiss francs (US$450,000) for fake documents filed to naturalise the ...
Seven foreign-born players for Malaysia’s national football team have been cleared to keep competing after the Court of Arbitration for Sport temporarily halted Fifa-imposed bans while their appeal is reviewed, Malaysia’s football federation said on Tuesday. Last September, Fifa fined the Football Association of Malaysia 350,000 Swiss francs (US$450,000) for fake documents filed to naturalise the seven players, who were also fined and suspended for a year. The players stemmed from Argentina, Brazil, the Netherlands and Spain but had been naturalised in an apparent breach of Fifa rules and played in a qualifying game for the 2027 Asian Cup that Malaysia won against Vietnam. Advertisement The Malaysian federation later took the case to sport’s highest court based in Switzerland after Fifa rejected its appeal. The federation said in a statement on Tuesday that the Court of Arbitration for Sport had approved their request for a stay of execution, allowing the seven players to continue taking part in all football-related activities until a final ruling is made. Advertisement The players involved are Facundo Garces, Rodrigo Holgado, Imanol Machuca, Joao Figueiredo, Gabriel Palmero, Jon Irazabal and Hector Hevel, all of whom have featured for the Harimau Malaya national team.