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Business

Micron Bets $24 Billion on Singapore Fab to Power Next-Gen AI Memory Race

Micron Technology has broken ground on a massive, $24 billion semiconductor fabrication facility in Singapore, a strategic move to cement its position in the booming AI memory market. The project, focusing on advanced NAND and high-bandwidth memory (HBM) packaging, aims to meet surging data storage demands while integrating R&D to accelerate innovation.

Business

Singapore Airlines Charts Steady Course Amid Industry Headwinds, Focus on Capital Efficiency

Singapore Airlines (SGX:C6L) is demonstrating a disciplined approach to capital allocation, with a notable uptick in its return on capital employed (ROCE). While its current 6.3% return lags behind the broader airline industry average, the trend signals a potential turning point for the carrier as it seeks to solidify its post-pandemic recovery and build sustainable long-term value for shareholders.