Micron secures US$6.165 billion in CHIPS Act funding

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.
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.
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 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 Gets $6.2 Billion Chips Award to Spur Plant Expansion
The Biden administration has reached a final agreement to give Micron Corp. nearly $6.2 billion in subsidies from a program designed to boost American semiconductor manufacturing, allowing funds to start flowing to factories in Idaho and New York.
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 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.
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.
Top DOGE senator demands answers on plan to exhaust CHIPs Act funds before Trump arrives
Senate DOGE Caucus leader Joni Ernst of Iowa is sending letter to Commerce Secretary Gina Raimondo about her recent comments outlining how CHIPs Act funds will be spent.
Texas semiconductor players get millions in CHIPS Act funding
Two North Texas technology companies are the latest beneficiaries of the CHIPS and Science Act, poised to reap over $80 ...
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CHIPS Act roundup: 5 companies to receive funding
The U.S. Department of Commerce (DOC) has finalized direct funding through the CHIPS and Science Act with two companies and ...
Microchip Pauses Chips Act Application Amid Inventory Woes
Microchip Technology Inc. is pausing its application for US semiconductor subsidies, people familiar with the matter said, ...
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Meet 21 DC power players who shape federal policy for chip companies like Intel, Nvidia, and TSMC
While Big Tech companies have spent millions lobbying in Washington, DC, on issues such as AI and antitrust regulation, the CHIPS and Science Act, which is set to give out more than $30 billion in ...
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Coherent lines up $33M CHIPS Act boost for InP wafer fab in Texas
Coherent is poised to benefit from the Biden Administration’s CHIPS Act legislation, with initial terms agreed for $33 ...
Coherent to Get $32M Chips Act Funding to Boost InP Device Output
The U.S. government is awarding Coherent up to $33 million to help the optoelectronics company meet rising demand for indium phosphide, or InP, devices.
Intel’s CEO shake-up puts foundry plans, CHIPS Act cash at risk
Intel's CHIPS Act funding could disappear if the company ditches its plans to expand its manufacturing footprint.