Biden to announce preliminary deal with Micron for up to $6.14 billion in chip grants
Thursday, 25 April 2024 () US President Joe Biden is set to visit Syracuse, New York, to reveal a preliminary deal with Micron Technology for up to $6.14 billion in subsidies for two chip factories, as per the White House. The agreement, part of the 2022 CHIPS and Science Act, supported by the US Commerce Department, will finance facilities in New York and Idaho.
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,...
Biden Announces Deal With Taiwan’s TSMC , to Ramp Up US Chip Production.
On April 8, the White House said that it has reached an agreement with TSMC to help build new semiconductor manufacturing..
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Biden Administration to Invest $8.5 Billion , in Intel’s Computer Chip Plants.
Biden Administration to Invest $8.5 Billion , in Intel’s Computer Chip Plants.
In addition to $8.5 billion in direct..
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