Micron shares rise on Sanand AI memory demand expansion
Micron Technology (MU) rose about 6% as investors focused on its Sanand operation in Gujarat, where the company is expanding assembly and testing for storage and memory demand tied to AI.
Micron Technology NASDAQ:MU rose 6% Thursday as investors focused on its Sanand operation in Gujarat, where the memory-chip maker is expanding assembly and testing to meet rising demand for storage and memory tied to AI. 75 billion from Micron and government partners.