Schumer Says US Will Give Micron $6.1 Billion to Build Plants in Idaho and New York

Published on April 19, 2024

Micron Technology will get $6.1 billion in grants from the Department of Commerce to build advanced chip-manufacturing fabs in New York and Idaho, Senate Majority Leader Chuck Schumer (D-N.Y.) said on Wednesday. The Biden administration has reached a preliminary agreement to provide Micron with $6.1 billion in funding from CHIPS and Science law—a legislation that was co-sponsored by Mr. Schumer. Mr. Schumer said that Micron will build its first two chip fabs in Onondaga County as part of the funding. It stated that Micron planned to begin construction of the chip-manufacturing fabs next year. The project in Onandaga County is expected to create 9,000 jobs at the chip fabs and more than 40,000 construction and supply-chain jobs, according to a press release....

Continue reading on website
Other news

The Olympic Flame Arrives at the Acropolis

April 19, 2024
April 19, the Olympic flame arrives at Athens’s most famous landmark, the Acropolis, as part of the 11-day Greek torch relay before being handed over to Paris organizers on April 26....

Biden Restricts New Oil and Gas Leasing on 13 Million Acres of Alaskan Land

April 19, 2024
The Biden administration took action on Friday to restrict new oil and gas drilling on more than 13 million acres of land in the western Arctic region.The U.S. Department of Interior announced the publication of a final rule on Friday, limiting future oil and gas leasing and industrial development in the Teshekpuk Lake, Utukok Uplands, Colville River, Kasegaluk Lagoon, and Peard Bay Special Areas.