Micron shares suffer steepest drop since 2020 after disappointing guidance

Micron CEO Sanjay Mehrotra spoke before President Joe Biden at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024, discussing the CHIPS and Science Act and the Investing in America agenda. The event aimed to highlight the importance of investing in semiconductor technology and innovation for economic growth and national security. Mehrotra’s remarks underscored the significance of government support for the semiconductor industry to ensure U.S. competitiveness in the global market.

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