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Benzinga
Benzinga
Business
Randy Elias

Why AMD And Micron Technology Shares Are Trading Higher Today

AMD Micron Nasdaq United States

Shares of semiconductors companies, including Advanced Micro Devices, Inc. (NASDAQ:AMD) and Micron Technology, Inc. (NASDAQ:MU), are trading higher on Thursday as the industry gains amid chip manufacturing executives urging Congress to pass legislation that includes subsidies for the semiconductor industry.

According to a Bloombergquint Report, the legislation includes $52 billion in incentives for their industry, calling it “essential” to maintaining competitiveness with China and other countries.

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