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Micron secures US$6.165 billion in CHIPS Act funding
Micron to receive $6.2bn in direct CHIPS Act funding
The Department of Commerce has reached a binding agreement with Micron to award the company $6.165 billion in direct funding under the CHIPS and Science Act.
Over $6 billion in CHIPS Act funding finalized for Micron plants in the US
The US Commerce Department announced it has awarded memory chip maker Micron Technology with “up to $6.165 billion in direct funding” derived from the CHIPS Act. The new funding will go towards multiple semiconductor manufacturing projects in the US,
Micron Receives $6.2 Billion in Chips Act Funding
The U.S. government will support Micron Technology, America’s largest maker of memory chips. On Tuesday, the Biden administration announced the Commerce Department has awarded $6.165 billion to Micron via direct funding from the Chips and Science Act.
Micron gets $6.2 billion chips award to spur plant expansion
Signing a contract protects that money from changes that could come under President-elect Donald Trump.
Micron’s $6B CHIPS funding should have more strings attached, critics say
Micron Technology will receive more than $6.1 billion after the US Department of Commerce finalized one of the largest CHIPS Act awards ever to "the only US-based manufacturer of memory chips," Vice President Kamala Harris said in a press statement.
US finalizes $6.1 bln Micron chip-making subsidy
The U.S. Commerce Department said on Tuesday it had finalized a $6.165 billion government subsidy for Micron Technology to produce semiconductors in New York and Idaho.
Micron secures US$6.165 billion in CHIPS Act funding for US expansion
The US Department of Commerce has awarded Micron Technology US$6.165 billion to expand memory chip production in New York and Idaho, creating 20,000 jobs. The chipmaker also secured US$275 million to modernize its Virginia facility,
Micron Technology Awarded $6B in CHIPS Funding
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With Biden term ending, Micron secures $6.2 billion in federal CHIPS money
The federal government formally announced it would award Boise-based Micron Technology with $6.2 billion in funding through the CHIPS act. The amount is slightly higher than the initial award, and will include an additional $275 million to expand the company’s facility in Virginia,
Micron, federal government finalize agreement for $6.1 billion in CHIPS funds
The U.S. Department of Commerce and Micron have finalized the deal for $6.1 billion in CHIPS and Science Act incentives, which will help with the construction of its semiconductor fab in Clay.
Micron Lands $6 Billion in Federal Grants To Make Chips in US
Deal would create 20,000 new jobs in Idaho and New York Micron Technology on Tuesday received a grant of up to $6.165 billion from the federal CHIPS Act to manufacture semiconductors domestically. The money will be used for construction on Micron plants in New York state and Idaho.
Boise State Public Radio
10m
White House finalizes $6.1B Micron microchip manufacturing subsidy
Micron is set to get a multi-billion dollar subsidy from the White House, with implications in the Treasure Valley job market ...
CNYBJ
16h
Micron, federal government finalize $6.1 billion CHIPS agreement for Clay semiconductor campus
Micron Technology Inc, (NASDAQ: MU) and the U.S. Department of Commerce have finalized its CHIPS agreement for up to $6.1 ...
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