Micron expands U.S. investment plans to $250B+ through 2035 to meet surging AI memory demand, boosting MU stock by over 7%.
Micron Technology Inc.
(NASDAQ:MU) stock jumped on Thursday as investors welcomed the company's expanded U.S. investment plans alongside a broad rally in semiconductor stocks.
The Nasdaq gained 1.42%, while the S&P 500 rose 0.58%.
Technology led all sectors with a 2.49% advance.
Micron Expands U.S.
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