$6.1 Billion CHIPS and Science Act Funding invested in Micron
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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.
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Micron is getting $6.1B funding to expand its DRAM fabs in New York
Micron Technology is the latest recipient of direct funding from the US Department of Commerce under the CHIPS and Science Act. The US-based computer memory and data manufacturer is set to receive a $6.14 billion federal grant to support the expansion of its Dynamic random-access memory (DRAM) fabs in Syracuse, New York. TSMC and Samsung received similar subsidies earlier this month. Micron’s roadmap plans include investing upwards of $100 billion in the state of New York and creating over...
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Former Students of 'Predatory' Art Institutes Get $6.1 Billion in Loans Erased
The Dept. of Education is clearing $6 billion in student loan debt to former Art Institute students after investigations into the chain of art schools found they used doctored data to recruit.