Apr 25, 2024, 9:06 AM
Apr 22, 2024, 12:00 AM

President Biden's $6 billion investment in Micron's chip project in upstate New York

Highlights
  • President Biden is providing $6 billion to Micron for a semiconductor project in upstate New York.
  • The investment aims to boost domestic manufacturing of chips and create thousands of jobs in New York and Idaho.
  • This initiative is part of the 2022 CHIPS and Science Act to reduce dependency on chip supplies from China and Taiwan.

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