Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants [The New York Times]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: The New York Times
President Biden, seeking to capitalize on a week of favorable political developments, plans to announce on Thursday that his administration will provide up to $6.1 billion in grants to Micron Technology, the latest federal award intended to shore up the nation’s domestic supply of semiconductors.Micron will use the grants to help build two leading-edge chip manufacturing plants in New York and another facility in Idaho, Biden administration officials said before the president’s trip to Syracuse, N.Y., for the announcement. The federal government will also provide up to $7.5 billion in loans to Micron.The funding stems from theCHIPS ActAlthough the grant had beenannounced last week by Senator Chuck Schumerfresh off signing a $95.3 billion packageAnd while he is set to promote his efforts to bolster manufacturing in Syracuse, Mr. Biden’s Republican opponent in the election, former president Donald J. Trump, will be in court just 200 miles southeast, in New York City, as his state crimi
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MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- MU's page on the SEC website