All posts by: r4ibom

Micron Technology Inc. and Western Digital Corp. are each exploring a potential deal for Kioxia Holdings Corp. that could value the Japanese semiconductor company at around $30 billion, according to people familiar with the matter, as a global scramble for memory chips used in smartphones and other devices heats up.

President Joe Biden’s expansive infrastructure proposal includes $50 billion for the American semiconductor industry, whose lobbying efforts have gained momentum amid a global chip shortage and fears that China might be overtaking the U.S. in a critical technology.

Micron Technology Inc. shares rose in the extended session Wednesday after the Boise, Idaho-based chip maker’s earnings and outlook topped Wall Street estimates and its CEO defended its capital spending amid a worldwide chip shortage.

Don’t do anything and just wait for the refund, the IRS says.

“My will gives my wife my house. When she sells after my death, how will her cost basis be determined?”