Semiconductors form the backbone of modern electronics, powering everything from smartphones and computers to advanced medical devices and innovative military technology. The United States has long been a leader in semiconductor manufacturing, but in recent years, the industry has faced increasing competition from overseas manufacturers. Recognizing the strategic importance of maintaining a strong domestic semiconductor […]
Micron Technology is the latest recipient of direct funding from the US Department of Commerce under the CHIPS and Science Act. The US-based computer memory and data manufacturer is set to receive a $6.14 billion federal grant to support the expansion of its Dynamic random-access memory (DRAM) fabs in Syracuse, New York. TSMC and Samsung received similar subsidies earlier this month. Micron’s roadmap plans include investing upwards of $100 billion in the state of New York and creating over...
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...
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.
Share on Facebook Share on Twitter Federal officials are signing off on a plan to provide 451-million-dollars to expand and improve high-speed internet service in parts of Kansas. State officials say the funding from the U.S. Department
The Ohio Department of Commerce reported last week that its Division of Unclaimed Funds is safeguarding about $4 billion in unclaimed funds.
Samsung on Tap to Receive Up to $6.4B in CHIPS Funding The U.S. Department of Commerce has signed a non-binding preliminary memorandum of terms to provide up to $6.4 billion in direct funding to Samsung under the CHIPS and Science Act. The proposed investment would support the creation of more than Telecompetitor
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
U.S. officials say the Pentagon is expected to announce that it will provide about $6 billion in long-term military aid to Ukraine
By LOLITA C. BALDOR (Associated Press) WASHINGTON (AP) — The U.S. is expected to announce Friday that it will provide about $6 billion in long-term military aid to Ukraine, U.S. officials said, adding that it will include much sought after munitions for Patriot air defense systems. The officials said the aid package will be funded […]
By LOLITA C. BALDOR Associated Press WASHINGTON (AP) — U.S. officials say the Pentagon is expected to announce that it will provide about $6 billion in long-term military aid to Ukraine. It will include much sought after munitions for Patriot air defense systems and other weapons. The officials say the aid package will be funded
US expected to provide $6 billion to fund long-term weapons contracts for Ukraine, officials say