Schumer Says US Will Provide $6.1 Billion to Micron Technology for Chip Plants in NY, Idaho
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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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Micron set to receive grants totaling over $6 billion for US chip production
Sources familiar with the matter told Bloomberg that the deal is not yet finalized but could be wrapped up and announced as soon as next week. Based on the language used in the article, it does not sound as if the money is coming from the Chips and Science ActRead Entire Article