Micron Technology (#MU) has opened its new semiconductor assembly and test facility in Gujarat, India, expanding its manufacturing footprint to meet growing global demand for memory and storage driven by AI. 🔹 Key Highlights 🏭 Micron opened its new semiconductor assembly and test facility in Gujarat. 💰 The facility represents approximately $2.75B in combined investment from Micron and government partners. 🤖 The facility is designed to support rising AI-driven demand for memory and storage. 🇮🇳 The investment strengthens India’s semiconductor manufacturing ecosystem. 📈 Micron plans to scale production to hundreds of millions of chips. 💡 Why It Matters The facility expands Micron’s global manufacturing capacity while supporting India’s growing role in the semiconductor supply chain. Increasing AI workloads are driving demand for advanced memory and storage, creating a long-term growth opportunity for Micron. 🚀 Start Your 7-Day FREE ThinkSabio Trial https://www.thinksabio.com/ ThinkSabio — Stocks Simplified