Micron Technology announced an investment in Indium Corporation to expand critical minerals processing and high-purity materials manufacturing in New York. This move supports Micron's $3 billion plan to strengthen the U.S. semiconductor supply chain and reduce reliance on foreign refining sources. The partnership includes a long-term supply agreement, enhancing domestic capacity for essential minerals used in advanced memory manufacturing. This investment aligns with Micron's broader strategy to increase U.S. semiconductor production and secure materials critical for future technology growth and national security.
Micron's investment in expanding critical minerals processing in New York highlights its ongoing efforts to secure supply chains in the semiconductor industry. On Pluang, Micron Technology (MU) is trading at USD 882.68, down 2.46% as of Oct 20, 2026 18:41 WIB. The stock holds a market cap of $1.02 trillion and sees a typical hold time of 49 days among Pluang investors, with a majority of 65% buying activity.
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