Straits Times Index
3,187.66 +32.97 (+1.05%) S&P 500
5,019.07 -3.14 (-0.06%) Dow
37,896.21 +142.90 (+0.38%) Nasdaq
15,632.17 -51.20 (-0.33%) Bitcoin USD
62,203.76 -623.02 (-0.99%) CMC Crypto 200
885.54 0.00 (0.00%)
MU Jun 2024 40.000 put
| Previous close | 0.0900 |
| Open | 0.0900 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 40.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.0900 - 0.0900 |
| Contract range | N/A |
| Volume | |
| Open interest | 3.79k |
ZacksMicron (MU) May Get More Than $6B to Set Up Factories in the US
Micron (MU) is reportedly to receive more than $6 million in chip grants under the 2022 Chips and Science Act for establishing factories in the United States.
- Reuters
US STOCKS-Futures rise as chip stocks bounce back after selloff
Futures for Wall Street's main indexes gained on Thursday as chip stocks rebounded, while investors awaited commentary from Federal Reserve officials to ascertain the outlook for interest-rate cuts. Micron Technology rose 1.9% after a report that the memory-chip maker is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects. "Generally, fundamentals will be supportive of chip stocks, but also after such a strong rally, it's not unusual to see a bit of profit-taking," said Fiona Cincotta, senior market analyst at City Index.
Barrons.comAMD, Micron, Cisco, Arm, and Other Tech Stocks in Focus Today
Tech stocks were showing early promise Thursday as the Nasdaq Composite Index tried once again to snap its losing streak.
