Tech
Thursday, 7/9, 12:37 PM
Micron Lifts Its US Chip Investment Above $250 Billion, and the Stock Jumps 7%
- Memory-chip maker Micron said it will raise its planned US manufacturing investment to more than $250 billion through 2035, up from about $200 billion, and add $3 billion to shore up its US supply chain.
- Shares rose about 7% as investors bet the company can meet surging demand for the memory that powers AI data centers.