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Micron announces investment and lowered earnings (access required)

Micron Technology announced a $40 billion investment in manufacturing on Aug. 9. In a statement, the Boise-based firm claimed it was the “largest-ever investment in U.S. memory manufacturing,” which would create “40,000 American jobs,” including “5,000 highly paid technical and operational roles at Micron.” Micron is the only United States-based memory manufacturer. The firm made the ...

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