Micron to Expand Factories With CHIPS Funding

Micron to Expand Factories With CHIPS Funding

epsnews

The Biden-Harris Administration announced that the U.S. Department of Commerce and Microchip Technology Inc. have reached a non-binding preliminary memorandum of terms (PMT) to provide approximately $162 million in federal incentives under the CHIPS and Science Act to support the onshoring of the company’s semiconductor supply chain. This investment would enable Microchip to significantly increase…

The post Micron to Expand Factories With CHIPS Funding appeared first on EPS News.

Read More
EPS News

Scroll to Top