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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

  • $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 […]

  • Here's All The 'Grants' Given By Biden's US CHIPS Act

    'Intel Insidious' - Here's All The 'Grants' Given By Biden's US CHIPS Act This visualization shows which companies are receiving grants from the U.S. CHIPS Act, as of April 25, 2024. The CHIPS Act is a federal statute signed into law by President Joe Biden that authorizes $280 billion in new funding to boost domestic research and manufacturing of semiconductors. The grant amounts visualized in this graphic, via Visual Capitalist's Marcus Lu, are intended to accelerate the...