Published 9 days ago

Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

Micron Technology is set to receive $6.1 billion in federal grants to build semiconductor plants in New York and Idaho, marking a significant private investment in both states.
This funding aims to revive advanced chip manufacturing in the US after two decades and is part of the CHIPS and Science Act passed in 2022 to enhance domestic semiconductor production.
President Joe Biden endorsed the deal during his visit to Syracuse, New York, emphasizing the importance of bringing chip manufacturing back to America.

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Reuters

Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants

9 days ago·United Kingdom

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The Hill

Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

The Biden administration announced Thursday that it reached a preliminary agreement with Idaho-based semiconductor manufacturer Micron, the latest in a series of investments through the bipartisan CHIPS and Science Act. President Biden will travel Thursday to Syracuse, N.Y., where he will tout the benefits of the agreement with Micron, which includes up to $6.1 billion in federal funding. The investment will support the construction of two man…

10 days ago·Washington, United States

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The Epoch Times

Biden to Visit Syracuse to Tout New Investment in Chip Manufacturing

President Joe Biden will travel to upstate New York on Thursday to tour a semiconductor facility and promote his administration’s efforts to bring chip manufacturing back to America. Ahead of the trip, the Commerce Department announced that it had reached a preliminary agreement with Micron, an American memory chipmaker. According to the deal, the company will receive $6.14 billion in direct funding through the CHIPS and Science Act, which was s…

10 days ago·New York, United States

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VOA News

Biden grants $6 billion to Micron to boost chip production

WASHINGTON — U.S. President Joe Biden was in Syracuse, New York, Thursday to tout a deal to provide memory chip maker Micron Technology with $6.1 billion in federal grants to support the firm in building factories in the states of New York and Idaho. “We're bringing advanced chip manufacturing back to America after 40 years,” Biden said Thursday. He said the funding, paired with a $125 billion investment from Micron, represents the “single bigge…

9 days ago·United States

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npr

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.

10 days ago·Washington, United States

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The Korea Times

Biden to announce preliminary deal with Micron for up to $6.14 bil. in chip grants

U.S. President Joe Biden will travel to Syracuse, New York, on Thursday to announce a preliminary agreement with memory chip maker Micron Technology for up to $6.14 billion in subsidies for two chip factories, the White House said.

9 days ago·Korea, Republic of

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Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

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Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants

Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants

Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

Biden to Visit Syracuse to Tout New Investment in Chip Manufacturing

Biden to Visit Syracuse to Tout New Investment in Chip Manufacturing

Biden grants $6 billion to Micron to boost chip production

Biden grants $6 billion to Micron to boost chip production

Biden is giving $6 billion to Micron for a semiconductor project in upstate New York

Biden is giving $6 billion to Micron for a semiconductor project in upstate New York

Biden to announce preliminary deal with Micron for up to $6.14 bil. in chip grants

Biden to announce preliminary deal with Micron for up to $6.14 bil. in chip grants

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