Micron Plans $200 Billion US Chip Spend, Chime IPO
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 12 June 2025
⏱️ 42 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Micron’s plans to spend $200 billion on U.S. chip manufacturing and R&D. Plus, Chime CEO Chris Britt discusses the company’s growth strategy as the company goes public. And Oracle’s earnings impress investors with its rising cloud sales.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is an IHeart podcast. |
| 0:05.3 | Today we expect more from technology. |
| 0:08.2 | Companies making the biggest productivity gains aren't just adding more tools. |
| 0:12.5 | They're choosing integrated solutions. |
| 0:15.1 | Find out more about these solutions later in this podcast. |
| 0:19.5 | The data that matters for your investments. |
| 0:22.2 | The entire auto sector is higher today. |
| 0:24.7 | And analysis on the companies making news on Wall Street. |
| 0:27.8 | Tesla's been a stock that's been in focus. |
| 0:29.3 | Shears have really been all over the math this morning. |
| 0:31.6 | Listen to the Stock Movers Report from Bloomberg. |
| 0:34.5 | Let's talk about some other decliner. |
| 0:36.5 | It's your short audio report on the day's winners and losers in the stock market. |
| 0:40.8 | Second biggest driver in terms of points for the S&P 500. |
| 0:43.9 | Subscribe to the Stock Movers Report on Apple Podcasts, Spotify, or wherever you listen. |
| 0:53.6 | Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovelow in San Francisco. |
| 1:04.3 | This is Bloomberg Tech. Coming up, Micron boosts its commitment to invest in new memory chip capacity and R&D in the USA. |
| 1:12.3 | Plus, we stay across the evolving story of the Boeing Dreamliner crash in India that leaves over 200 dead. |
| 1:19.4 | And fintech firm Chime prices its IPO above its targeted range to raise $864 million. |
| 1:25.9 | But first, we check in on these markets. |
| 1:28.3 | And look, there is cautious trading as we digest yet another point |
| 1:32.3 | showing that inflationary pressure is not as high as expected. |
... |
Transcript will be available on the free plan in 13 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.