Micron (MU) to Get Over $6 Billion in Chips Act Grants in Announcement Next Week
Bloomberg - 2024-04-17T23:16:40.616Z

Micron Technology Inc., the largest US maker of computer-memory chips, is poised to get $6.1 billion in grants from the Commerce Department to help pay for domestic factory projects, part of an effort to bring semiconductor production back to American soil.

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Micron set to get $6 billion in chip grants from US, Bloomberg reports
Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday. The award, which is not yet finalized, could be announced as soon as next week, the report said, citing people familiar with the matter. New York Governor Kathy Hochul said in a statement that the largest private investment in American history is on its way to Central New York. New federal funding...
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- 2024-04-18T03:11:00.000Z
Samsung to get $6-7 billion in chip subsidy next week for Texas expansion
The Biden administration plans to announce it is awarding between $6 billion and $7 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said. The subsidy, which will be unveiled by Commerce Department Secretary Gina Raimondo, will go towards construction of four facilities in Taylor, including one $17 billion chipmaking plant that Samsung announced in 2021, another factory, an...
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- 2024-04-08T19:28:00.000Z
President Biden will visit Central New York next week to formally announce federal government’s $6.1 billion award to Micron
SYRACUSE, N.Y. (WSYR-TV) — President Joe Biden will visit Central New York next week to formally announce the $6.1 billion award of CHIPS funding to Micron, sources familiar with the White Ho
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- 2024-04-18T03:03:12.000Z

In related news

Micron set to get $6 billion in chip grants from US, Bloomberg reports

Samsung to get $6-7 billion in chip subsidy next week for Texas expansion

President Biden will visit Central New York next week to formally announce federal government’s $6.1 billion award to Micron