Micron

MU | NASDAQ | 280 Followers

$123.34

+1.25%

$1.52

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Fair Price

$081.52

Overvalued by 1.9%

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Micron Technology (MU) is one of the leading global companies in the semiconductor and memory technology manufacturing industry. Their innovative products are used in a wide range of devices, from mobile phones to data centers. Micron Technology stock is suitable for investors who want to be part of the rapidly growing semiconductor market and capitalize on the potential of the ever-evolving digital economy. Add Micron Technology stock to your watchlist on Bulios and stay informed about the latest trends and developments in this dynamic field.

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Moe Whitehead

@investormoe

What caught my eye today was the movement of $MU stock up 7.5% and they didn't announce any results. I read that they are planning an investment in India, but I couldn't find anything else anywhere. Does anyone know of any news?

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Rickie Reeve

@rickiereeve 1y

Micron Technology has announced plans to invest up to $825 million in a new semiconductor assembly and test facility in Gujarat, India. The factory will be built in Sanand, near Ahmedabad in Gujarat.

The investment is part of the Indian government's efforts to strengthen the country's semiconductor manufacturing capabilities. The government has offered Micron a number of incentives, including 50% fiscal support of the total project cost and incentives representing 20% of the total project cost from the state of Gujarat.

The new factory is expected to create up to 5,000 new direct jobs at Micron and 15,000 jobs in the community over the next few years. Operations are scheduled to begin in 2025.

...That doesn't look bad. Having the government of India on your side is nice.

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