Biden admin gives $6.1B to Micron Technology to help boost chip factories in New York

Joe Biden’s administration reached an agreement to dole out a staggering $6.1 billion in government support for semiconductor manufacturer Micron Technology to produce advanced computer memory chips in New York and Idaho. Senate Majority Leader Chuck Schumer (D-NY) personally pursued US-based Micron to build what will ultimately be a set of four chip factories near...

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