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Schumer Makes Push To Build New Micron Memory Fab In Upstate New York


File photo of U.S. Senator Charles Schumer (2010).
WASHINGTON, D.C. – After filing the bipartisan U.S. Innovation and Competition Act last week, which combines his Endless Frontiers Act, other bipartisan competitiveness bills, and $52 billion in emergency supplemental appropriations to implement the semiconductor-related manufacturing and R&D programs authorized in last year’s National Defense Authorization Act and a program to support legacy chip production that is essential to the auto industry, the military, and other critical industries, U.S. Senate Majority Leader Charles E. Schumer met with Micron Technology President and CEO, Sanjay Mehrotra, to pitch Micron to locate a future plant in Upstate New York. ....

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Micron Rises on Earnings Beat, Strong Outlook


Micron Rises on Earnings Beat, Strong Outlook
Micron is rising after hours after reporting stronger-than-expected fiscal first quarter revenue and earnings
Author:
Shares of memory storage company Micron Technology  (
MU) - Get Report rose after hours Thursday after the company reported quarterly results that topped analyst estimates for its fiscal first quarter, which ended Dec. 3.
The Boise, Idaho-based company reported quarterly revenue of $5.773 billion and earnings of 71 cents per share. Analysts were expecting Micron to report revenue of $5.73 billion on earnings of 71 cents per share. 
Micron shares gained 2.1% to $80.78 after hours, after rising 2.54% to $79.07 during the day. 
“Micron delivered outstanding fiscal first quarter results, driven by focused execution and strong end-market demand,” said Micron Technology President and CEO Sanjay Mehrotra. “We are excited about the strengthening DRAM industry fundamentals. ....

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Micron Technology, Inc. Reports First Quarter Fiscal 2021 Results


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