Shares of wafer-fabrication-related chip companies are trading higher after reports that Meta will invest in hardware to double its in-house compute capacity to 14GW next year. Also, Micron Technology's plan to increase U.S. investments to more th...

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Applied Materials, Inc.

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Shares of wafer-fabrication-related chip companies are trading higher after reports that Meta will invest in hardware to double its in-house compute capacity to 14GW next year. Also, Micron Technology's plan to increase U.S. investments to more than $250 billion through 2035 is supportive of chip hardware sectors.
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