S&P upgraded Micron Technology (MU.O) to BBB+, citing increased confidence in the company's near-term demand outlook. Outlook is Positive.

China's He met Chilean foreign minister Pérez on Aug. 19. He said bilateral political trust has deepened under leaders' strategic guidance and that China is prepared to step up economic cooperation with Chile—focusing on trade, investment and technology—under a high-quality Belt and Road framework to advance the comprehensive strategic partnership. Pérez said deepening ties with China is a Chilean diplomatic priority and will use the 10th anniversary of the bilateral comprehensive strategic partnership to expand cooperation.

AI chip startup Fractile will sell about $250 mln of chips to Anthropic; post-deal Fractile plans to seek a roughly $6.5 bln valuation.