MU & INTC: New Facilities For Semiconductor Stocks

Published: June 16, 2023, 5:12 p.m.

b'The WSJ reported that Micron (MU) is to invest $600M to expand production at a plant in China. Kim Forrest discusses semiconductor stocks. She talks about how according to Bloomberg, MU is nearing an agreement to invest at least $1B to build a chip packaging plant in India. She also talks about how Intel (INTC) announced a $4.6B investment into test facility in Poland. The new Poland facility is expected to help meet assembly and test capacity by 2027 and will help create around 2K jobs. Tune in to find out more about the stock market today.'