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, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .
This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports. .
That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
in addition to "tens of thousands of
indirect jobs in the regions," NPR reports. .
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
Credit: Wibbitz Top Stories Duration: 01:30Published
President Biden signs historic legislation securing billions in US aid for Ukraine and Israel, reaffirming America's commitment to global security. Despite criticisms over human rights abuses in Gaza, Biden emphasizes the 'ironclad' nature of US support for Israel's defense. Stay informed with the latest developments on international affairs.
#JoeBiden #Israel #Gaza #IsraelHamasWar #IsraelPalestine #IsraelPalestineWar #USPresident #USNews #USAidBill #RussiaUkraineWar #Oneindia
~PR.274~ED.103~GR.125~
President Biden had yet another teleprompter gaffe while speaking at a conference Wednesday ... and it's not the first time the prez fumbled a speech, far from.. TMZ.com
President Biden just signed a bill banning TikTok in America (unless it's sold to a U.S.-based company) -- but the current CEO says they're gonna fight like hell.. TMZ.com
One day after President Joseph Biden signed a law to make Juneteenth an annual federal holiday, flag-raising ceremonies took place across the United States on Friday, June 18, as seen in these trio of
June 19th, 1865 or Juneteenth marks the day when enslaved Africans in Galveston were notified, they were free. That day now a federal holiday as of Thursday.
Ways Big Tech Companies
Are Celebrating Juneteenth, , a New National Holiday.
On June 17, President Joe Biden signed a bill making the official end to slavery a
new federal holiday in the United..
Credit: Wibbitz Top Stories Duration: 01:27Published
![Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production [Video]](https://video.newsserve.net/300/v/20240425/1373731970-Biden-Is-Giving-Billion-to-Micron-Technology.jpg)
![U.S. President Joe Biden Signs Landmark Aid Bill for Ukraine, Israel, Gaza | Oneindia News [Video]](https://video.newsserve.net/300/v/20240425/1373692254-President-Joe-Biden-Signs-Landmark-Aid.jpg)
![Biden inks €89 billion war aid package to support Ukraine, Israel and Taiwan [Video]](https://video.newsserve.net/300/v/20240424/1373656506-Biden-inks-€89-billion-war-aid-package-to.jpg)
![Juneteenth celebrated with flag-raising ceremonies across United States [Video]](https://video.newsserve.net/300/v/20210619/2106171400-Juneteenth-celebrated-with-flag-raising-ceremonies-across-United.jpg)
![Juneteenth flag-raising kicks off a week's worth of events in Killeen [Video]](https://video.newsserve.net/300/v/20210618/2106182314-Juneteenth-flag-raising-kicks-off-week.jpg)
![Ways Big Tech Companies Are Celebrating Juneteenth, a New National Holiday [Video]](https://video.newsserve.net/300/v/20210618/1320995585-Ways-Big-Tech-Companies-Are-Celebrating-Juneteenth.jpg)
