Micron Secures $6.1B Subsidy
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memory chip maker Micron TechnologyReuters
•Technology
Technology
US finalizes more than $6.1 billion chips subsidy for Micron Technology

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.
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