Micron (MU) Technology announced that on Jan. 16, 2026, it will officially break ground on its megafab in Onondaga County, New York. Following environmental review and necessary permit approvals, Micron is now positioned to begin ground preparation and construction at the site. Micron Chairman, President and CEO Sanjay Mehrotra and other top executives will join with officials from the Trump administration, Congress and New York state and local government, as well as distinguished business leaders and members of the community, to celebrate this major step together. The groundbreaking ceremony will be followed by a celebration program at Syracuse University’s National Veterans Resource Center where executives and officials will provide remarks.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MU:
- Sandisk (SNDK) Stock Surges to Record High as Nvidia CEO Cites Exploding Storage Demand
- The VanEck Semiconductor ETF (SMH) News: Weekly Fund Flow Statistics – 1/7/26
- Micron price target raised to $400 from $300 at UBS
- Micron price target raised to $400 from $275 at Piper Sandler
- Micron: Extended Memory Upcycle and AI-Driven Demand Support Durable Earnings Power and $400 Price Target