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Published 13 days ago

Micron gets combined $13.6 billion grant, loan for chip plants

Summary by Roll Call
The Biden administration chose Boise, Idaho-based Micron Technology for a $6.1 billion federal grant and $7.5 billion loan to build factories where memory chips would be manufactured, the latest award meant to drive domestic production of vital technology. Micron will build one factory in Clay, N.Y., and another in Boise using the funds from a program overseen by the Commerce Department, promising to invest as much as $125 billion over the next …

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Micron Clinches Up to $13.6 Billion in US Grants, Loans

The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing.

12 days ago·New Delhi, India
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Roll CallRoll Call

Micron gets combined $13.6 billion grant, loan for chip plants

The Biden administration chose Boise, Idaho-based Micron Technology for a $6.1 billion federal grant and $7.5 billion loan to build factories where memory chips would be manufactured, the latest award meant to drive domestic production of vital technology. Micron will build one factory in Clay, N.Y., and another in Boise using the funds from a program overseen by the Commerce Department, promising to invest as much as $125 billion over the next …

13 days ago·Washington, United States
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