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Micron wins $13 billion from U.S. to boost domestic chip production

Invezz Thursday, 25 April 2024 ()
Micron Technology Inc (NASDAQ: MU) is in focus today after securing $13 billion from the U.S. government to set up new chip factories in Idaho and New York.  Micron received funding as part of the Chips Act The semiconductor behemoth will receive $6.1 billion in direct funding and another $7.5 billion in loans as the […]
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News video: Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production

Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production 01:30

Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production. On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. . Senate Majority Leader Chuck Schumer,...

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