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Stock impact report

Micron's Singapore Fab Bet Tests AI NAND Growth And Rich Valuation [Yahoo! Finance]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Yahoo! Finance
Micron Technology has announced a $24b investment in a new advanced wafer fabrication facility in Singapore. The project is the company's first double story fab and is focused on AI driven NAND memory production. The new fab will integrate research and manufacturing activities and is designed with a strong sustainability focus. The investment is expected to create thousands of high skill jobs and deepen collaboration with local universities and partners. For investors watching NasdaqGS:MU, this move comes with the stock trading at $414.88 and very large multi year returns, including 356.2% over the past year and 424.3% over five years. Those numbers place Micron in a very different position compared to a few years ago, with the company now closely tied to AI related infrastructure spending and high value memory demand. Looking ahead, this Singapore build out could be important for how Micron participates in data center and AI storage trends, especially as NAND sits at the c Show less Read more
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