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Why international foundaries, Micron technology and applied materials soared today

Related to many clean energy stocks, numerous semiconductor stocks are on the ascent today fully expecting the House passing the Inflation Reduction Act, which gives endowments to buyers to buy new or utilized qualifying electric vehicles (EVs). That could be on the grounds that electric vehicles require immensely more semiconductor content than customary inward ignition vehicles. As per GlobalFoundries' new Capital Markets Day show, Level 2 independent EVs require multiple times the semiconduct

Why international foundaries, Micron technology and applied materials soared today
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