Micron set to receive grants totaling over $6 billion for US chip production
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$6.1 Billion CHIPS and Science Act Funding invested in Micron
Semiconductors form the backbone of modern electronics, powering everything from smartphones and computers to advanced medical devices and innovative military technology. The United States has long been a leader in semiconductor manufacturing, but in recent years, the industry has faced increasing competition from overseas manufacturers. Recognizing the strategic importance of maintaining a strong domestic semiconductor […]
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Schumer Says US Will Provide $6.1 Billion to Micron Technology for Chip Plants in NY, Idaho
WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Join our WhatsApp group Subscribe to our Daily Roundup Email Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately
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Biden is giving $6 billion to Micron for a semiconductor project in upstate New York
The Micron project comes after the White House has announced massive investments for Intel, TSMC and Samsung in recent weeks using funds from the 2022 CHIPS and Science Act.