Previous close | 111.78 |
Open | 109.37 |
Bid | 111.54 x 1000 |
Ask | 117.15 x 100 |
Day's range | 108.08 - 113.06 |
52-week range | 59.55 - 130.54 |
Volume | |
Avg. volume | 22,331,575 |
Market cap | 123.56B |
Beta (5Y monthly) | 1.28 |
PE ratio (TTM) | N/A |
EPS (TTM) | -3.44 |
Earnings date | 26 Jun 2024 - 01 Jul 2024 |
Forward dividend & yield | 0.46 (0.41%) |
Ex-dividend date | 28 Mar 2024 |
1y target est | 125.98 |
Despite nearly $28 billion in subsidies flowing to chip companies, AI remains the industry’s kingmaker.
Biden administration announces $6.1 billion Chips Act grant for Boise-based semiconductor maker Micron.
On Thursday, Micron Technology, Inc (NASDAQ:MU) announced signing a non-binding Preliminary Memorandum of Terms (PMT) for $6.1 billion in funding under the CHIPS and Science Act. This funding will support Micron’s planned leading-edge memory manufacturing in Idaho and New York. The CHIPS and Science Act will allocate $6.1 billion in grants to aid Micron’s commitment to investing about $50 billion in gross capital expenditures for domestic leading-edge memory manufacturing through 2030. These gra