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.
by Susan Davis
Apr 25, 2024
2 minutes
President Biden travels to Syracuse, N.Y. on Thursday to tout $6.1 billion in federal grants for Micron Technology that supporters say could bring an economic revival to the region and dramatically boost domestic U.S. semiconductor chip production to compete with China.
"This is the federal government taking back
You’re reading a preview, subscribe to read more.
Start your free 30 days