Micron Units Submitted Full Applications To U.S. Dept Of Commerce's CPO In Response To Notice Of Funding Opportunity For Semiconductor Manufacturing
Portfolio Pulse from Benzinga Newsdesk
Micron Technology's units have submitted full applications to the U.S. Department of Commerce's Commercialization Program Office (CPO) in response to a notice of funding opportunity for semiconductor manufacturing.
August 21, 2023 | 12:46 pm
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Micron Technology has applied for a funding opportunity for semiconductor manufacturing from the U.S. Department of Commerce's CPO. This could potentially boost the company's manufacturing capabilities.
Micron's application for funding from the U.S. Department of Commerce's CPO indicates the company's intent to expand its semiconductor manufacturing capabilities. If successful, this could potentially increase the company's production capacity, leading to increased revenues and a positive impact on the stock price.
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