Micron Technology to Invest $200 Billion in U.S. Chip Production

Reported about 1 month ago

Micron Technology announced a $200 billion investment to enhance semiconductor production in the U.S., with $150 billion allocated for new fabs across Idaho and New York, and $50 billion for research and development. The company has received significant funding, including $6.4 billion from the CHIPS Act, aiming to create thousands of American jobs and ensure a secure domestic semiconductor supply, positioning America as a leader in technology.

Source: YAHOO

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