The U.S. government is providing Micron Technology with over $6 billion in grants under the CHIPS Act to build chip factories in New York. This investment aims to boost chip production and create jobs, aligning with efforts to strengthen national security and semiconductor supply chains.
Bringing advanced microchip manufacturing back to America strengthens our national security and makes our supply chains more resilient. Thanks to our CHIPS and Science Act, we’re taking another important step forward this week with this award to Samsung. https://t.co/Lk0gLYYT08
Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward? CFR expert @DavidMSacks1 and @seatonyhuang explain: https://t.co/VNWG11wmlg
A multi-billion dollar federal investment to support Micron’s $100+ billion manufacturing project in Upstate NY! A landmark announcement. I'm proud to say with our CHIPS & Science act: We are rebuilding upstate NY with good-paying, middle class jobs—one microchip at a time! https://t.co/CfsfgRUgk7
The fourth, and likely final, of the CHIPS Act mega-grants is laid out, for Micron https://t.co/lQxgxMr0Cs
I’m backing the Drought Resilient Infrastructure Act – new legislation strengthening water security in Arizona and across the West by authorizing entities like the Salt River Project to store more water behind their dams and other infrastructure. https://t.co/eoGDuUzjUf
Micron to get $6 billion from U.S. gov't to build memory fabs: Report https://t.co/KFH6GTijUs https://t.co/L0gyaArAWH
Biden admin gives $6.1B to Micron Technology to help boost chip factories in New York https://t.co/3MPfVj04Ah https://t.co/v9RuEJrLku
$MU is for-sure getting the expected $6.1B in government grants to build chip factories in northern New York and Idaho. Chuck Schumer trumpets: “For the Syracuse area, this is the best thing that’s happened probably since the Erie Canal.” 1/2
Micron Technology $MU stock rises on report of over $6 bln in CHIPS Act grants https://t.co/xb6STn7HLd https://t.co/A0pPJIcchz
BREAKING: Micron has been awarded more than six billion dollars in a preliminary agreement under the Chips & Science Act to create their mega-fab plant in Central New York. https://t.co/YAuCe9mr1c
Semiconductors power everything from our phones to our most sophisticated defense systems — and strengthening semiconductor supply chains is essential to our national and economic security. It was great to join @Semafor to discuss the progress we’re making with the CHIPS Act. https://t.co/scAfp3WsaC
I recently announced new federal funding for community projects tackling housing, childcare, water resiliency, and more in California’s 19th Congressional District. I look forward to continuing to work with local partners to bring these exciting initiatives to fruition. https://t.co/xLbCC3zLzS
Over the past few years, we’ve seen some huge federal investments in our neck of the woods. That’s due, in large part, to the passage of bipartisan legislation, including the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Bipartisan Safer Communities Act.
Semiconductors are a "problem from hell," @SteveRattner tells @SCClemons. "92% of all the world's high-end semiconductors are produced in Taiwan. This is an existential risk to us. It is like oil in 1973 — they cut us off, we are out of business." #WES2024 https://t.co/f4NdDvgOU0
Morris Chang, TSMC’s retired founder, has called America’s chipmaking ambitions a “very expensive exercise in futility”. That is harsh—but probably true https://t.co/rmAAmNmma4 👇
The large-scale water recycling and reuse program we created through the Bipartisan Infrastructure Law has been a huge success. @gracenapolitano and my bill will provide funding to bolster the projects underway and expand the program long-term. https://t.co/jHSfh6eMMk