A record payout for the US memory chipmaker. Minimum cash compensation will reach about $53,800. The announcement comes as Micron faces a labor dispute in Taiwan, where it employs around 15,000 people. Unions representing roughly two-thirds of the workforce are demanding a new bonus system allocating 15% of operating profit to employees and are still threatening strike action after failing to reach an agreement with management.

By Hugo Noirtault

Founder of Stack Chronicle and a journalist with experience across several local and national radio stations (including RTL2, Hit West, Euradio and Figaro Radio in France, and WDET in Detroit, Michigan), I began taking a deeper interest in technology in the wake of the COVID-19 pandemic. I quickly realised, that few media outlets were building meaningful connections between technology, AI, finance, politics and environmental issues. That observation led to the creation of Stack Chronicle: a publication designed to help both curious readers and more informed audiences understand the technological transformations shaping our world.