ChipsCNBC Techabout 1 hour ago
Micron shares rise 7% on U.S. chip investments
1 min read
Micron shares rose 7% after announcing up to $3 billion in new U.S. investments, including $500 million for GlobalWafers to expand wafer manufacturing in Texas. The chipmaker also raised its planned U.S. investment to $250 billion through 2035, a $50 billion increase, driven by AI memory demand.
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