Micron to spend $150 billion in 10 years on building out memory manufacturing, stock falls
Marketwatch -

Shares of Micron Technology Inc. fell 1.3% in premarket trading Wednesday, after the memory and semiconductor company said it will invest $150 billion over the next decade in memory manufacturing and research and development. The investment, which could include U.S. fab expansion, is aimed at addressing demand for memory, as memory and storage currently represent about 30% of the semiconductor market. "Memory is at the leading edge of semiconductor manufacturing and fuels everything from...

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