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Micron Clinches Total of up to $13 6 Billion in US Grants, Loans

🔒 Nvidia delivers strong earnings on AI hype, ignites $140bn rally

Micron Technology Receives $6 1B Grant For US Chip Plants Expansion

Micron Clinches Total of up to $13 6 Billion in US Grants, Loans

(Bloomberg) The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks Investor

Asian Stocks Drop, Yen Falls to Lowest Since 1990: Markets Wrap

(Bloomberg) — European and US equity futures slipped following weakness in Asian markets, with Meta Platforms Inc.’s disappointing outlook underscoring the risk of volatility in a high-stakes earnings week. The Euro Stoxx 50 contract edged down 0.2% while S&P 500 futures fell 0.8%. Stock benchmarks fell more than 1% in South Korea and Japan. Facebook…

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