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.
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 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.
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 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 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 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 finalizes more than $6.1 billion chips subsidy for Micron Technology
The U.S. Department of Commerce has finalized a subsidy of more than $6.1 billion for memory chip maker Micron Technology to support the construction of several domestic semiconductor facilities, according to a White House statement on Tuesday.
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,
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.
USA Today15d
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
More than two years after President Joe Biden signed the CHIPS Act into law, federal dollars are headed to ... to boost ...
Biden Rushes To Dole Out CHIPS Act Funds Before Leaving Office
When a U.S. president faces the end of his term, there is often a mad dash to take care of any unfinished business. Sometimes ...
Johnson Suggests Republicans May Repeal CHIPS Act—Then Quickly Walks Back Comment
told reporters Friday he expects Republicans to try and repeal the CHIPS Act if GOP lawmakers ... about moving to repeal ...
Why Trump May Drop Plans to Repeal Biden’s Chips Act
The president-elect has a record of reversing policies from prior administrations, but there are many reasons he might spare Biden’s program to boost domestic semiconductor manufacturing.
Columbus Dispatch29d
Business groups in Ohio, 3 other states push for immediate release of CHIPS Act money
"The CHIPS Act passed over two years ago, and these funds are long overdue to reach domestic chipmakers across the ...
Richmond1d
Virginia to receive $275M federal grant to expand chip factory in Manasssas
Micron Technology Inc. will use the grant to jump-start a $2.2 billion expansion of its semiconductor chip factory in ...
Intel secures $7.86 billion in CHIPS Act: This is what it means for the 56-year old chipmaker
Intel secures billions in funding to revive US chipmaking. The investment will create thousands of jobs across multiple ...
Killeen Daily Herald29d
Business groups in four states want CHIPS Act money released
(The Center Square) – The Ohio Chamber of Commerce and nearly 20 business groups from four states want the Biden administration to start handing out money from the CHIPS Act immediately.