President Biden will visit Central New York next week to formally announce federal government’s $6.1 billion award to Micron


by WSYR

WSYR— SYRACUSE, N.Y. (WSYR-TV) — President Joe Biden will visit Central New York next week to formally announce the $6.1 billion award of CHIPS funding to Micron, sources familiar with the White Ho

NPR—Biden is giving $6 billion to Micron for a semiconductor project in upstate New York. The Micron project comes after the White House has announced massive investments for Intel, TSMC and Samsung in recent weeks using funds from the 2022 CHIPS and Science Act.

Bloomberg—Micron (MU) to Get Over $6 Billion in Chips Act Grants in Announcement Next Week. Micron Technology Inc., the largest US maker of computer-memory chips, is poised to get $6.1 billion in grants from the Commerce Department to help pay for domestic factory projects, part of an effort to bring semiconductor production back to American soil.

Tech Times—President Biden Hails Economic Revival with Micron Technology Investment in Upstate New York. Biden's visit aimed to celebrate Micron Technology's ambitious plans to establish a campus of cutting-edge computer chip factories in the region.