Shares of foundry, fabricator and integrated device manufacturing semiconductor companies are trading higher after reports that Meta will invest in hardware to double its in-house compute capacity to 14GW next year. Also, Micron Technology's plan ...

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Shares of foundry, fabricator and integrated device manufacturing semiconductor companies are trading higher after reports that Meta will invest in hardware to double its in-house compute capacity to 14GW next year. Also, Micron Technology's plan to increase U.S. investments to more than $250 billion through 2035 is supportive of chip hardware peers.