Friday, September 29, 2023

Sources: Japan allocates up to $1.2B in subsidies for US chipmaker Micron's plant in Hiroshima prefecture to build DRAM chips by around 2026 (Nikkei Asia)

Nikkei Asia:
Sources: Japan allocates up to $1.2B in subsidies for US chipmaker Micron's plant in Hiroshima prefecture to build DRAM chips by around 2026  —  Tokyo ratchets up financial support for U.S. chipmaker to bolster supply chains  —  Micron Technology's semiconductor plant in Higashihiroshima City.



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...