President Biden Hails Economic Revival with Micron Technology Investment in Upstate New York


by Tech Times

Tech Times— Biden's visit aimed to celebrate Micron Technology's ambitious plans to establish a campus of cutting-edge computer chip factories in the region.

NPR—Biden is giving $6 billion to Micron for a semiconductor project in upstate New York. The Micron project comes after the White House has announced massive investments for Intel, TSMC and Samsung in recent weeks using funds from the 2022 CHIPS and Science Act.

The Cerbat Gem—New York Life Investment Management LLC Has $14.70 Million Stock Holdings in Micron Technology, Inc. (NASDAQ:MU). New York Life Investment Management LLC increased its position in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,260 shares of the semiconductor manufacturer’s stock after buying an additional 1,310 […]

The Cerbat Gem—New York Life Investment Management LLC Has $18.05 Million Stock Position in Uber Technologies, Inc. (NYSE:UBER). New York Life Investment Management LLC boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 3,577.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 293,213 shares of the ride-sharing company’s stock after buying an additional 285,239 shares during the […]