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Reuters

Reuters

Technology

Technology

US finalizes more than $6.1 billion chips subsidy for Micron Technology

Reuters
Summary
Nutrition label

82% Informative

The U.S. Department of Commerce has finalized a subsidy of more than $6.1 billion for memory chip maker Micron Technology .

The investment will fund factory projects in New York and Idaho and is expected to create at least 20,000 jobs by the end of the decade .

President Joe Biden's administration has doubled down on fueling domestic semiconductor production.

VR Score

91

Informative language

97

Neutral language

72

Article tone

formal

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English

Language complexity

75

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

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short-lived

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