National Association of Manufacturers CEO and President Jay Timmons joins Yahoo Finance Live to discuss manufacturing jobs, the CHIPS Act, Micron's new plant in New York, and more.
Memory chips are, for the most part, commodities. When you manufacture commodity products, how much you can charge is largely based on supply and demand. In the fiscal year ended Sept. 2, 2021, Micron produced net income of $5.86 billion on $27.71 billion of revenue.
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