Micron stock in focus as $100B New York “megafab” groundbreaking gets a date
Micron will break ground on its $100 billion New York megafab Jan. 16, aiming to build the largest U.S. semiconductor facility. Shares slipped 0.1% to $342.97 in early Nasdaq trading. Investors are watching AI-driven memory pricing and Micron’s capital spending plans ahead of its next update. Broader chip stocks fell, with the iShares Semiconductor ETF down 0.9% Wednesday morning.