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https://www.barrons.com/articles/micron-stock-downgraded-spending-plans-51634731781
Updated Oct. 20, 2021 11:15 americium ET / Original Oct. 20, 2021 8:10 americium ET
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Micron Technology plans to walk billions to physique plants, but that’s not wherefore the banal was downgraded. There are concerns astir pricing and demand, arsenic well.
Micron (ticker: MU), the lone U.S.-based representation spot maker, said Wednesday it volition beryllium spending much than $150 cardinal to physique plants and for probe and improvement implicit the adjacent 10 years. The enlargement comes amid a planetary semiconductor shortage that has up driven prices for goods, including cars, electronics and location appliances.
The...
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