Micron set to receive grants totaling over $6 billion for US chip production
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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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While demand for personal loans cooled in 2023, the average personal loan balance grew 6.3%
Experian data shows that total US personal debt increased by almost 10% even as demand for personal loans steadied in 2023.
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Highland Materials secures US$255.6 million 48C tax credit to build polysilicon plant in the US
Polysilicon manufacturer Highland Materials has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US.