Micron shares rose ~7% after the company announced it will invest up to $3B to strengthen the U.S. semiconductor supply chain and support future manufacturing capacity. The capex plan is a positive catalyst for MU’s near-to-medium-term production outlook and sentiment around U.S. supply resilience.
Micron shares rose ~7% after the company announced it will invest up to $3B to strengthen the U.S. semiconductor supply chain and support future manufacturing capacity. The capex plan is a positive catalyst for MU’s near-to-medium-term production outlook and sentiment around U.S. supply resilience.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
Ticker Sentiment
