Micron shares jump after announcing more U.S. chip investments

Micron said the additional investments are intended to expand and support the U.S. semiconductor supply chain.

Reported · Written up by our desk · Equities

Micron announced another round of investment in U.S. chipmaking, prompting its shares to rise about 7%, according to CNBC Markets.

CNBC World also reported the company’s plan is aimed at boosting the U.S. semiconductor supply chain.

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