Nasdaq futures are down 0.36% while S&P 500 futures have shed 0.02%.Competition Intensifies With SK Hynix ListingU.S. Investment Plan Reaches $250 BillionThursday’s gains followed an announcement by Micron CEO Sanjay Mehrotra on X, stating the company increased its planned U.S. manufacturing and research investment commitment to more than $250 billion.The expansion scales up an earlier commitment of more than $200 billion.Megafab Construction Commences In New YorkAccording to Mehrotra’s Thursday post, Micron poured the first concrete at its New York DRAM megafab ahead of schedule.The executive noted the investment supports a goal of producing 40% of its dynamic random-access memory (DRAM) in America while creating over 90,000 jobs.Mehrotra stated, “This is American investment. American technology. American workers.”Micron Technology Technical Levels To WatchFrom a trend perspective, MU remains in a bullish structure: it’s trading 9.7% above its 50-day SMA ($889.55) and 112% above its 200-day SMA ($460.41), with the 50-day above the 200-day confirming the longer-term uptrend.The near-term picture is more mixed, with shares trading 7% below the 20-day SMA ($1049.19), which often signals consolidation after a strong advance.Momentum is best explained by RSI, which is sitting at 50.20—basically neutral.