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MU Jan 2025 42.500 put

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  • Yahoo Finance

    CHIPS Act money is starting to move, but it’ll take years to see results

    CHIPS Act money is starting to move, but it's going to take years to get results.

  • Yahoo Finance Video

    Chip sector correction is 'a cautious blow': Analyst

    The chip sector is undergoing a sector-wide correction as concerns grow around slowing demand for the products. Moor Insights and Strategy Founder and CEO Patrick Moorhead discusses why he believes markets are getting "ahead of [themselves] with some of the doom and gloom." Moorhead notes "there's still this insatiable need" for semiconductor products, saying consumers "just can't get enough." He notes that oftentimes the products require a pairing across companies, so the demand is still there. While uncertainty persists around headwinds such as inflation and geopolitical tensions, he says this has forced investors to adopt "a wait-and-see attitude" in regard to the sector. When asked if he believes markets are overreacting Moorehead tells Yahoo Finance: "I think this is just a cautious blow." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith


    Micron to Get $6.1 Billion in CHIPS Act Funding for Plants in New York and Idaho

    The new fab to be built near Syracuse, N.Y., could create 50,000 jobs, with production from it slated to start at the end of the decade.