Micron Technology To Invest In Critical Minerals Under Its $3B Investment Plan

Micron Technology, Inc. (Nasdaq: MU) has announced an investment in critical minerals processing as part of its $3 billion investment plan aimed at enhancing the U.S. semiconductor supply chain. This investment will support the expansion of Indium Corporation's operations in Central New York, enabling domestic processing of essential minerals for semiconductor manufacturing. Micron will also enter a long-term supply agreement with Indium Corporation to secure access to high-purity minerals, reducing reliance on global refining capacity.