US Finalizes $6.1 Billion Micron Chip-Making Subsidy
President Joe Biden's administration has finalized a series of subsidies, including a $7.86 billion award for Intel, $6.6 billion for Taiwan Semiconductor Manufacturing Co's U.S. unit and $1.5 billion for GlobalFoundries. The final awards come just weeks before President-elect Donald Trump, who has criticized the program, takes office.
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 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 upgrade and expand its local facility.
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 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.
U.S. finalizes $6.1B+ Chips Act funding with Micron
The U.S. Department of Commerce finalizes its largest award with Micron Technology as part of the CHIPS Act to boost domestic chip manufacturing.
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's award from CHIPS act signed, securing federal funding for CNY facility
Over the next 20+ years, Micron plans to build a complex of memory chip plants in Central New York, constructing up to four manufacturing plants in Clay.
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 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.
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.
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 ...
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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 ...