Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production from tsmc bakery Watch Video

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✓ Published: 25-Apr-2024

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Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.<br/>On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .<br/>Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .<br/>This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.<br/>Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.<br/>Schumer referred to the plan as \