Micron Nears $1 Billion India Packaging Plant Investment

A chip maker plans to invest $600 million in its China plant, nearing a $1 billion commitment in India. Despite geopolitical tensions, the investment aims to create jobs and goodwill in China, where the economy is slowing. The announcement was made via WeChat, targeting a domestic audience, and is not legally binding. The move follows China's ban on Micron's chips due to cybersecurity concerns.

What is the total amount the chip maker plans to invest in its China plant?

Why is the chip maker's investment in China considered intriguing despite the geopolitical tensions?

What was the method of communication used to announce the investment in China?

How many new jobs is the chip maker aiming to create with this investment?

What percentage of the chip maker's revenue still comes from China?