"Biden Announces $6.1 Billion Grant for Micron's Upstate Chip Project"
TL;DR Summary
President Biden is set to visit Central New York next week to formally announce the federal government's $6.1 billion award of CHIPS funding to Micron, with most of the money going to the company's Town of Clay megafab. The visit is scheduled for Thursday, April 25, and the president's announcement follows Senate Majority Leader Chuck Schumer's preliminary terms of the deal, which promises significant investment in the region and job creation.
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