News Snapshot:
Joe Biden’s administration reached an agreement to dole out a staggering $6.1 billion in government support for semiconductor manufacturer Micron Technology to produce advanced computer memory chips in New York and Idaho. Senate Majority Leader Chuck Schumer (D-NY) personally pursued US-based Micron to build what will ultimately be a set of four chip factories near Syracuse in the town of Clay, according to Fortune. ”It will be the biggest memory chip plant in America,” Schumer said, per Fortune. “For the Syracuse area, this is the best thing that’s happened probably since the Erie Canal.” 5 Joe Biden’s administration revealed plans...
News Timeline:
Track the development of related news across the Internet.
March 20, 2024
23:37
Intel receiving whopping $20B from Biden to boost US chip output
Source: nypost.com
March 20, 2024
20:46
Biden touts government investing $8.5 billion in Intel’s computer chip plants in 4 states
Source: apnews.com
March 20, 2024
19:20
Biden to tout government investing $8.5B in Intel’s computer chip plants in four states
Source: nbcnews.com
March 20, 2024
19:08
Biden administration to invest $8.5 billion in Intel’s computer chip plants in four states
Source: cbsnews.com
March 20, 2024
16:46
Biden to tout government investing $8.5 billion in Intel’s computer chip plants in four states
Source: clickondetroit.com
February 19, 2024
22:25
Biden provides chip maker with $1.5 billion to expand production in New York, Vermont
Source: cbsnews.com
