That sent Micron's shares and the Philadelphia SE Semiconductor index <.SOX> down 5.7% and 4.3%, as investors looked past U.S. President Joe Biden signing a landmark bill for $52.7 billion in subsidies for semiconductor production and research. Micron Chief Executive Sanjay Mehrotra was among the attendees at the signing. [nL1N2ZL17Z]
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Philadelphia SE Semiconductor index