Biden Awards Micron $6 Billion to Boost Chip Production in US
SYRACUSE, N.Y.—President Joe Biden traveled to upstate New York on Thursday to promote his administration’s efforts to bring chip manufacturing back to America. He announced that Micron, an American memory chipmaker, would receive $6.14 billion in federal grants through the CHIPS and Science Act, which he signed into law in 2022. Besides the direct funding, […]