Micron CEO says AI boom drives ‘unprecedented’ memory demand as company invests 0B

Micron CEO Sanjay Mehrotra detailed the company’s new $250 billion U.S. investment as the chip-making giant responds to surging demand for memory storage in the age of artificial intelligence. The Boise-based technology company announced Thursday the billion-dollar investment will help Micron’s long-term objective of producing 40% of its DRAM chips in the United States.”The demand for memory is at unprecedented levels. Memory is in deep shortage right now,” Mehrotra told “The Claman Countdown” Thursday. With…

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Mortgage rates tick slightly higher but remain near 6.5%

Mortgage rates moved slightly higher this week but have remained relatively steady in recent weeks, mortgage buyer Freddie Mac said on Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average interest rate on the benchmark 30-year fixed mortgage rose to 6.49%, up from last week’s reading…

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Netflix’s ‘Owning Manhattan’ star blasted for ‘horrifying’ remarks about NYC homeless: ‘So dystopian’

Cringing critics want this Netflix star to address her “tone deaf” mess.  Jade Shenker, 30, a real estate agent with buzzy Big Apple brokerage Serhant — and a featured wheeler-and-dealer on streaming series “Owning Manhattan” — is being digitally dragged down the concrete for perceived slights against NYC’s unhoused.   “I feel like the homeless…