Micron to Receive $6.1 Billion for Semiconductor Plants

Micron Secures Up to $6.1 Billion in Grants for Semiconductor Plants in New York and Idaho

In a major push to bolster the United States' semiconductor production capabilities, Micron Technology Inc. has been granted up to $6.1 billion in federal aid. This ambitious initiative, part of the CHIPS Act funding, underscores the Biden administration's commitment to reestablishing the U.S. as a global leader in semiconductor manufacturing. The funding will facilitate Micron's expansive projects in both New York and Idaho, signaling a significant federal effort to enhance domestic manufacturing of these essential components.