Closing Bell: Micron Rises; PepsiCo, Costco Fall on Weaker Sales
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Griefeld, Carol Massar and Lisa Mateo. - Micron Technology (MU) plans to increase its spending on new plants in the US to $250 billion to help meet unprecedented demand for its memory chips fueled by the global artificial intelligence boom. The funds would add $50 billion to the company’s previously announced commitment of $200 billion toward expanding domestic chipmaking that includes projects…
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