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Micron Stocks Rise 1.56% as Taiwan Union Wins Strike Mandate
GuruFocus ·
GuruFocus reports: Micron Technology , the memory and AI-storage manufacturer, faces a potential strike at its Taoyuan operations in Taiwan over a bonus dispute, with shares at $1,061.87 on October 7, up approximately 1.6% at 10.55am EST. Workers have authorized industrial action. That raises the pressure on management, but it does not mean production has stopped. According to Reuters, 1,994 union members backed strike authority, representing 99% of ballots cast. The timing remains…