Micron Technology, Inc. (MU)
| Previous close | 111.78 |
| Open | 109.37 |
| Bid | 108.71 x 100 |
| Ask | 109.10 x 200 |
| Day's range | 108.08 - 109.54 |
| 52-week range | 59.55 - 130.54 |
| Volume | |
| Avg. volume | 22,277,298 |
| Market cap | 120.615B |
| Beta (5Y monthly) | 1.28 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.46 (0.41%) |
| Ex-dividend date | 28 Mar 2024 |
| 1y target est | N/A |
- Yahoo Finance
Biden has a favorite stop when he hits the road: chipmaking plants
Visiting chipmakers has become one of President Biden's most common reasons for getting on the road. He will do so again Thursday as he travels to Syracuse to award Micron $6 billion in federal money.
- Reuters
Biden to announce preliminary deal with Micron for up to $6.14 billion in chip grants
U.S. President Joe Biden will travel to Syracuse, New York, on Thursday to announce a preliminary agreement with memory chip maker Micron Technology for up to $6.14 billion in subsidies for two chip factories, the White House said. The agreement signed by the U.S. Commerce Department will fund facilities in New York and Idaho under the 2022 CHIPS and Science Act, which aims to boost domestic manufacturing of chips and reduce reliance on supplies from China and Taiwan. The Commerce Department said the federal grants would support the construction of a fabrication plant, or fab, in Clay, New York, a first step toward Micron's plans to invest about $100 billion in New York and create 13,500 jobs.
- Associated Press Finance
As Biden celebrates computer chip factories, voters wait for the promised production to start
President Joe Biden has a great economic story to tell voters a decade from now, less so in 2024. On Thursday, the Democratic president will head to upstate New York to celebrate Micron Technology's plans to build a campus of computer chip factories made possible in part with government support. Staring down a rematch with Republican Donald Trump, Biden is asking voters to believe in a vision for the U.S. economy that is still largely a promise.
