Jim Cramer on Micron CEO: “Sanjay’s Always Preferred Building in America, and That’s One of the Reasons Why I Salute Him”
Micron Technology, Inc. (NASDAQ:MU) is one of the stocks Jim Cramer recently looked at. Cramer highlighted the CHIPS Act’s significance for the company, as he said: It’s almost like nobody saw it coming. I’m talking about the severe shortages of all sorts of lower-end semiconductors that go into a data center, especially memory chips. Today, Sanjay Mehrotra, the CEO of Micron, broke ground on a hundred billion dollar facility to make more chips… It’s all part of the CHIPS Act, that big subsidy for semicon ...