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March 24, 1988

INTEL OPTION ON MICRON SHARES REPRESENTS 2.25% OF THE COMPANY’S EQUITY

By CBR Staff Writer

The 600,000 shares in Micron Technology Inc on which Intel Corp has an option under its memory chip supply agreement with Micron (CI No 895) represents only about 2.25% of the Boise, Idaho company’s equity: the news was good for a $1.375 jump in Micron’s shares to $21.125, and will help create 1,000 new jobs.

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