Micron's $2.75 Billion India Facility Targets AI-Driven Chip Boom - Micron Technology (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) shares closed down on Friday as the company celebrated the grand opening of its semiconductor assembly and test facility in India. The move came during a challenging trading day, with major indices like the S&P 500 and Nasdaq also experiencing declines, adding pressure as broader markets edged lower. The facility is designed to meet growing global demand for memory and storage products.The new facility, located in Sanand, Gujarat, represents a significant investment of ap ...