Previous Close | 58.26 |
Open | 58.26 |
Bid | 59.25 |
Ask | 59.95 |
Strike | 55.00 |
Expire Date | 2024-06-21 |
Day's Range | 58.26 - 58.26 |
Contract Range | N/A |
Volume | |
Open Interest | 677 |
The $6.1 billion in grants to Micron (MU) is likely to facilitate the construction of cutting-edge memory fabs in Idaho and New York, paving the way for a resurgence of semiconductor production on American soil.
Despite nearly $28 billion in subsidies flowing to chip companies, AI remains the industry’s kingmaker.
(Bloomberg) -- The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Run