Science and Technology Science and Technology
Wed, December 11, 2024
[ Wed, Dec 11th 2024 ] - MSN
Extreme H gets FIA World Cup status
[ Wed, Dec 11th 2024 ] - techUK
Nations and Regions 2024 round-up
[ Wed, Dec 11th 2024 ] - Polygon
How The Game Awards voting works
[ Wed, Dec 11th 2024 ] - MSN
How to segment traffic from LLMs in GA4
[ Wed, Dec 11th 2024 ] - PC Gamer
HP Omen Transcend 32 OLED review
[ Wed, Dec 11th 2024 ] - Seeking Alpha
Nike: Just Buy It

U.S. Finalizes More Than $6 Billion Micron Subsidy For Semiconductor Facilities


Published on 2024-12-11 08:42:17 - MSN
  Print publication without navigation

  • The U.S. Department of Commerce has finalized a nearly $6 billion subsidy for Micron Technology to support domestic semiconductor facility construction in New York and Idaho. This funding is among the largest under the CHIPS and Science Act and is expected to create over 20,

The U.S. government has finalized a deal to provide Micron Technology with over $6 billion in subsidies to support the construction of new semiconductor manufacturing facilities in New York and Idaho. This initiative is part of the broader CHIPS and Science Act, aimed at boosting domestic semiconductor production, reducing reliance on foreign manufacturing, and enhancing national security. The subsidies will help Micron build facilities that are expected to create thousands of jobs and significantly increase the U.S. capacity for memory chip production, which is crucial for various technologies including AI, data centers, and consumer electronics. The agreement underscores the government's commitment to revitalizing the American semiconductor industry, fostering innovation, and ensuring a stable supply chain for critical technology components.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/u-s-finalizes-more-than-6-billion-micron-subsidy-for-semiconductor-facilities/vi-AA1vCPHm ]