30 AI News Investors Should Not Miss

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9. Micron Technology (NASDAQ:MU)

Number of Hedge Fund Holders: 120   

Micron Technology (NASDAQ:MU) makes and sells memory and storage products. Even though the stock has fallen in recent days on the back of rising geopolitical tensions, it may recover the losses in the coming days as latest reports indicate that US President Joe Biden has signed legislation exempting US semiconductor manufacturing facilities that are receiving government subsidies from federal environmental reviews. The legislation will help to expedite the construction of chip manufacturing facilities, per news reports. The White House has stressed that it will continue to ensure that semiconductor projects are built and operated in a way that meets clean water, clean air, endangered species, and other federal requirements.

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