12:19 ET -- Micron Technology Inc. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The company said revenue could slide lower than previously expected in the current quarter as demand for computer memory chips continues to weaken. Micron also said it plans to invest $40 billion through the end of the decade and create as many as 40,000 jobs in what it called the largest-ever investment in U.S. memory chip manufacturing. Dow Jones & Co. owns Factiva. (mary.dewet@dowjones.com)

 

(END) Dow Jones Newswires

August 09, 2022 12:34 ET (16:34 GMT)

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