U.S. Sanders Capital acquires $159.3 mln stake in chipmaker Micron Tech

02/14/2019 11:12:00 AM (GMT)

U.S.-based investment firm Sanders Capital LLC has acquired a stake in semiconductor company Micron Technology Inc.

Valued at about $159.3 million, Sanders Capital bought 4.5 million units of Micron Technology’s stock.

Micron Technology said that the company has a market capitalization of $45.29 billion.

During the last quarter, Micron Technology generates about $7.91 billion in revenue.

Sanders Capital LLC.

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