Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

Biden to tout  billion deal with semiconductor manufacturer Micron during Syracuse trip

The Biden administration announced Thursday that it reached a preliminary agreement with Idaho-based semiconductor manufacturer Micron, the latest in a series of investments through the bipartisan CHIPS and Science Act.  President Biden will travel Thursday to Syracuse, N.Y., where he will tout the benefits of the agreement with Micron, which includes up to $6.1 billion … Read more

Biden administration awarding $162M to expand computer chip factories in Colorado, Oregon

Biden administration awarding 2M to expand computer chip factories in Colorado, Oregon

The Biden administration announced an agreement Thursday to provide $162 million in federal funding to Microchip Technology to expand production of computer chips domestically, the second tranche of money doled out from a bipartisan law signed in 2022. The Commerce Department announced preliminary terms with the Arizona-based manufacturer, which will allow the company to “significantly … Read more