Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production
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.
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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
Donald Trump has launched a scathing personal attack on Zohran Mamdani â the 33-year-old Indian-origin socialist who just won New York City's Democratic mayoral primary. Calling him a "100% communist lunatic" with a "grating voice" and âterrible looks,â Trump didn't hold back. The president also lashed out at progressive Democrats like AOC and Chuck Schumer for backing Mamdani, warning that NYC is "falling to socialism." Who is Zohran Mamdani? Can a Marxist win New York? And why is Trump going nuclear over this primary upset? Watch the full story.
#Trump #ZohranMamdani #NYCMayorRace #IndianAmerican #SocialistMayor #AOC #USPolitics #MiraNair #DemocraticPrimary #TrumpRage #DSA #ProgressivePolitics #NYC2025
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SCHUMER vs TRUMP: Senator Chuck Schumer is under fire after suggesting that a Trump-era hiring freeze may have contributed to a tragic Mexican Navy ship crash at the Brooklyn Bridge that killed two cadets. Schumer pointed to weakened Coast Guard staffing as a potential cause, linking it to national security concerns. However, the Department of Homeland Security dismissed his claims, saying the Coast Guard was exempt and fully operational. Conservatives and media figures blasted Schumerâs remarks as baseless and political, with Fox Newsâ Mark Levin calling him âstupid and evil.â
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Joe Biden, Kamala Harris and Tim Walz all paid their respects at the funeral for Melissa Hortman -- the Democratic lawmaker shot and killed earlier this month --.. TMZ.com
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Democratic former Minnesota House Speaker Melissa Hortman was honoured for her legislative accomplishments and her humanity during a funeral Saturday where former President Joe Biden and former Vice President Kamala Harris joined the over 1,000 mourners.
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At least 18 killed in strikes across Ukraine as Zelenskyy meets Western allies at NATO summit
Key US military commitments to Ukraine left over from the Biden administration are expected to run out within months, according to analysts, and there is uncertainty over whether President Donald Trump is willing to provide more.
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In a stunning admission, Israeli Prime Minister Benjamin Netanyahu confirms that the U.S. airstrikes on Iranâs nuclear facilities â including Natanz, Fordow, and Arak â were fully coordinated with Israel and rehearsed during the Biden administration. As Israel closes its airspace amid fears of Iranian retaliation, the region braces for what could be the next major flashpoint in the Middle East.
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Prime Minister Benjamin Netanyahu is scheduled to visit the White House on July 7 to meet U.S. President Donald Trump amid escalating efforts to end the 20-month-long Gaza war. The meeting will focus on securing a ceasefire, releasing hostages held for nearly two years, and addressing regional tensions with Iran following a recent U.S.-brokered halt to their 12-day air war. Israel is also pushing the U.S. to pressure Qatar to negotiate concessions from Hamas. This marks Netanyahuâs third meeting with Trump since January 2025. #Netanyahu #Trump #WhiteHouseMeeting #GazaWar #MiddleEastPeace #HostageCrisis #Israel #Hamas #IranTensions #Ceasefire #Qatar #USForeignPolicy #MideastConflict #Diplomacy #PeaceTalks #TrumpNetanyahuMeeting #GazaCeasefire #MideastDiplomacy #HostageNegotiations #USIsraelRelations #MiddleEastCrisis #IranIsraelConflict #QatarMediation #PeaceNegotiations #ConflictResolution #WarAndPeace
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In a fiery political escalation, White House Press Secretary Karoline Leavitt took direct aim at Zohran Mamdani â the presumptive Democratic frontrunner in the New York City mayoral race â accusing him of embodying âradicalâ left-wing ideals. Labeling Democrats as âdoubling down on craziness,â Leavitt claimed Mamdani's policies threaten the âvery fabric of the country.â
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Iran has launched a missile strike on Beâer Sheva, directly targeting what it claims is a Microsoft office embedded in Israelâs top cyber-military infrastructure. The attack follows a prior strike on Soroka Hospital, as Tehran escalates pressure on what it calls âaggression-supportingâ entities. Iranâs Revolutionary Guards claim the targeted site is part of an IDF-linked intelligence and AI network. Israeli officials report no fatalities, but the impact on tech and defense collaborations could be massive. Who really works inside this cyber zone? What are the implications of Iran striking private tech targets?
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