"US Government Grants Micron $6 Billion for Mega-Fab Chip Plant"
TL;DR Summary
Micron Technology Inc. is set to receive over $6 billion in grants from the Commerce Department to support domestic factory projects, as part of a push to bring semiconductor production back to the US. The announcement, expected next week, will also include loans as part of the award package, with the total value of the loans yet to be determined.
Topics:business#businesstechnology#commerce-department#domestic-factory-projects#grants#micron-technology#semiconductor-production
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