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Benzinga
Benzinga
Business
Radhika Anilkumar Nadig

Micron Increases US Investment Plan to $250 Billion, Accelerates Domestic Chip Push as AI Race Heats Up

Micron United States Sanjay Mehrotra MU Memory Nasdaq X Donald Trump Semiconductor Supply chain
Micron,Logo,Displayed,On,A,Smartphone,Screen.,With,Micron,Ceo

Micron Technology Inc. (NASDAQ:MU) CEO Sanjay Mehrotra said Thursday the company has increased its planned U.S. manufacturing and research investment to more than $250 billion, expanding its commitment to domestic memory production and semiconductor supply chain capacity.

Investment Commitment Grows

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