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MICRON TAIWAN WORKERS AUTHORIZE A STRIKE

MICRON TAIWAN WORKERS AUTHORIZE A STRIKE

Micron's union in Taoyuan, Taiwan voted to authorize a strike over bonuses, with 1,994 of 2,012 members in favor, Reuters reports. The vote gives the union the right to walk out but sets no date; mediation failed in September. Workers want a permanent share of operating profit, while Micron says its fiscal 2026 rewards for Taiwan staff already equal 35 to 68 months of pay. $MU is down 2.4% at $1,020, though the chip index $SOX is falling just as much, so the strike is not the whole story.

@55 Markets·2h ago·Source: Reuters
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Written and verified by @55 Markets from the linked source. Not investment advice.