Memory chip maker Micron’s $6.1 billion grant confirmed by Commerce Dept.
The Biden administration has pushed to disburse money for semiconductor manufacturing under the Chips and Science Act before Donald Trump takes office.
DOC Funds Micron Projects to Enhance Memory Chip Production
DOC will also invest in the expansion of Micron’s facility in Manassas, Virginia to onshore the company’s 1-alpha technology. The two parties have already signed a non-binding preliminary memorandum of terms for proposed funding valued at $275 million.
Micron Lands $6 Billion in Federal Grants To Make Chips in US
Micron Technology received a grant of up to $6.165 billion grant from the federal CHIPS Act to manufacture semiconductors domestically.
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.
Factbox-US finalizes more than $6.1 billion funding for Micron under CHIPS Act
The U.S. Department of Commerce has finalized a subsidy of more than $6.1 billion for Micron Technology, marking one of the largest government awards to chip companies under the U.S. CHIPS and Science Act.
Micron’s $6B CHIPS funding should have more strings attached, critics say
Micron will use the funding to construct "several state-of-the-art memory chips facilities" in New York and Idaho, Harris said. The chipmaker has committed to a "$125 billion investment over the next few decades" and promised to create "at least 20,
Feds finalize $6.16 billion in CHIPS funding for Micron
The U.S. Commerce Department said Tuesday it had finalized a nearly $6.2 billion grant package for Micron Technology, the Idaho memory chipmaker that has plans to build a $100 billion fabrication campus in suburban Syracuse.
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,
US Firms Up $6.2 Bn Micron Funding To Boost Chipmaking
US President Joe Biden's administration finalized nearly $6.2 billion in funding for Micron Technology on Tuesday, firming up a deal to boost domestic semiconductor production before Donald Trump returns to the White House.
Now that Micron has nailed down billions in federal money, what’s next for Clay project?
Syracuse, N.Y. -- Micron Technology this week cleared one of its biggest hurdles to building a chipmaking plant in Central ...
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.
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Micron officially lands $6.1 billion in federal funding for CNY chip fab
U.S. Senator Chuck Schumer announced Monday that Micron will receive $6.1 billion in federal funding to construct a Central ...
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 ...
Micron: A Solid Buy Into Earnings
Micron's robust AI demand and undervaluation have gained the attention of Wall Street. Click here to read more on what to ...
Schumer: Micron's investment in Central New York 'signed, sealed, and delivered'
The CHIPS and Science Act funding will go toward financing Micron’s manufacturing facility in Clay, outside Syracuse, where 9,000 jobs are promised.
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Micron expected to get $275 million in federal funds to upgrade Manassas chip manufacturing plant
Manassas-based Micron, a semiconductor chip manufacturer, is expected to receive up to $275 million in federal funding to ...
Micron signs historic deal with federal government to ensure Central New York project
The money that makes Micron a reality for Central New York is a done deal, the U.S. Department of Commerce announced Tuesday.
Should You Buy Micron Stock Before Dec. 18?
Micron (NASDAQ: MU) is scheduled to report quarterly financial results that could have enormous implications for stock market ...