Lates News

Micron Technology (MU.O) will fund Indium Corporation's expansion project in Rome, New York, to restore critical mineral processing capabilities needed for domestic semiconductor manufacturing. The two parties will sign a long-term supply agreement to ensure a stable supply of high-purity mineral raw materials and reduce reliance on highly concentrated global mineral refining capacity. This investment is part of a plan announced by Micron Technology in July to invest up to $3 billion in the U.S. semiconductor supply chain. The collaboration will also support Micron Technology's planned investment of more than $250 billion in U.S. domestic wafer manufacturing and technology by 2035.