Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday. The award, which is not yet finalized, could be announced as soon as next week, the report said, citing people familiar with the matter. New York Governor Kathy Hochul said in a statement that the largest private investment in American history is on its way to Central New York. New federal funding...
Sources familiar with the matter told Bloomberg that the deal is not yet finalized but could be wrapped up and announced as soon as next week. Based on the language used in the article, it does not sound as if the money is coming from the Chips and Science ActRead Entire Article
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.
US-made chips will be more expensive than those made in Taiwan, and customers will have to pay extra for them.
TSMC's CEO recently stated that microchips produced outside of Taiwan, including those in the US, will incur higher manufacturing costs. The Taiwanese foundry is currently expanding its production capacity globally, but this move will necessitate a revised pricing strategy to align with shareholder interests.Read Entire Article
Congress passed President Biden’s $95 billion foreign aid package thanks, in part, to making some of the Ukraine aid a loan though the prospects for getting repaid aren’t good.
TSMC is the world’s biggest chipmaker and its products are found in everything from phones to game consoles and computers. But devices using TSMC chips could become more expensive if manufacturers opt to buy ones that the company makes outside of its home base of Taiwan. “If a customer requests to be in a certain geographical area, the customer needs to share the incremental cost,” TSMC CEO CC Wei said on an earnings call. “In today’s fragmented globalization environment, cost will be higher for...
Last week President Biden visited Syracuse, NY, to do something government officials typically do: tout a massive investment in the local economy. But this was not just any investment – it was $6.1 billion provided by the CHIPS and Science Act to Micron Technology, which plans to spend $100 billionRead Entire Article
TSMC has announced a breakthrough chip fabrication technology, with reduced node size, increased performance and better power management -- all of which should ultimately lead to faster iPhones and Macs. TSMC has just announced an all-new chip production process called "A16" The new 1.6nm node process, dubbed A16, was announced at the company's annual North America Technology Symposium. With every new production process, TSMC reduces the node size allowing for more transistors on a...
WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Join our WhatsApp group Subscribe to our Daily Roundup Email Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately
Rhinos have won four of their seven Betfred Super League matches so far and boast a 50 per cent record in all competitions going into Friday’s visit of Frawley’s former club Huddersfield Giants. “In terms of the start of the year, it probably has been a mixed bag,” the 29-year-old pivot reflected. “We’ve got a group of players and a coaching staff who really care and want results straight away and want to be hitting the ground running, which is really important. But in reality there’s been a lot...
The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho.