The CHIPS & Science Law, including the CHIPS Act, has led to a significant investment of over $6.1 billion in Micron, enabling the construction of a cutting-edge memory chip factory in Syracuse. This investment is part of a larger agreement between Micron and the US government, with Micron committing over $125 billion. The initiative aims to create around 70,000 jobs in New York and Idaho, boosting the economy and enhancing national security. The CHIPS Act has spurred massive investments in the semiconductor industry, totaling $327 billion over the next decade, positioning the US as a global leader in chip manufacturing.
CHIPS Act is working as billions of dollars in payouts is divvied out to semiconductor makers https://t.co/YFsjDu82pl
Just over half of the chips incentives from the CHIPS and Science Act have been spent, and “Chip companies and supply chain partners have announced investments totaling $327B over the next 10 years, according to Semiconductor Industry Association calculations.”…
America's chip business is sprinting forward • Facility construction has jumped 15x • CHIPS Act has added over $20 billion in funding • Investments total $327 billion over the next decade The rest of the world is officially on notice https://t.co/J2yCZ3YYhE
Because of President Biden’s CHIPS and Science Act, we reached a preliminary agreement with Micron to build three new semiconductor factories in New York and Idaho, unleashing Micron’s investment of over $125 billion and the creation of over 70,000 jobs. https://t.co/JHVVt6AJm7
CHIPS Act seems to be going well! https://t.co/pkgTQoRBEs https://t.co/t0W9WGELqj
We're building on my work to bring semiconductor manufacturing back home with a preliminary agreement between my Administration and Micron – a major chip manufacturer. $6.1 billion from us for 3 fabs. $125 billion from Micron. 70,000 jobs across New York and Idaho. It matters. https://t.co/wXufaPkoxu
Thanks to my CHIPS & Science Law: $6B is going to supercharge Micron to build the most advanced memory chip factory in the world, right here in Syracuse! This historic investment will help create nearly 50,000 good-paying jobs, and help rebuild the Upstate New York economy.
With CHIPS & Science investments—we're transforming Upstate NY into a global hub for the chips that'll power our future With this investment in Micron America will be more economically secure America's national security will be stronger Syracuse's economy will be more prosperous https://t.co/WHKLgqF28z
Impressive. Chips Act funding got basically every major chipmaker to build in the US. “That means the US will become the only country in the world with facilities run by all of the top manufacturers.” https://t.co/yMSqfTzg5c
I wrote the CHIPS & Science Law with Upstate NY and investments like Micron as my North Star That vision is becoming a reality This monumental $6.1B+ investment will power Micron to bring to life its $100B+ microchip mega-fab project, and bring nearly 50,000 jobs to Upstate NY! https://t.co/puqhLSgiMb