MU
Micron Technology (MU)
1,016.73
+0.01% (+0.14)
Updated 09:30 PMMU
1,016.73
+0.01% (+0.14)
Updated 09:30 PM
Overview
The investment signals a major domestic commitment to AI and advanced chip research at a time when memory demand is a key market focus. Presidential endorsement adds political visibility to the announcement, which may reinforce Micron's position in U.S. semiconductor policy discussions.
Updated 07:07 AM
High confidence08/28, 01:37 AM
Trump announced that Micron is investing $10 billion in new research labs in the United States for AI and advanced computing.
Affected assets
FirstSquawk
08/28, 01:37 AM
Related updates
Jin10·08/28, 01:33 AM
US President Trump stated that Micron Technology announced a $10 billion investment commitment, adding to a previous $250 billion investment pledge, to create tens of thousands of American jobs and bring critical technology back to the United States.
Jin10·08/26, 07:05 PM
Micron Technology appointed DeBoer to lead storage and memory product roadmap, accelerate innovation, and oversee Micron Research Labs.
Jin10·08/25, 05:35 PM
Mizuho Bank lowered its price target for Micron Technology (MU) from $1375 to $1300.
Jin10·08/21, 05:43 PM
Bank of Montreal initiates coverage of Nvidia (NVDA) with an Outperform rating and a $340 price target, and initiates coverage of Micron Technology (MU) with an Outperform rating and a $1,300 price target.
Finnhub·08/27, 03:43 PM
NVIDIA earnings signaled tight supply of AI-driven memory, with Micron and SK Hynix shares jumping.
MU
Micron Technology (MU)
1,016.73
+0.01% (+0.14)
Updated 09:30 PM