Micron set to get $6 billion in chip grants from US, Bloomberg reports

FILE PHOTO: A smartphone with a displayed Micron logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Micron Technology Inc is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday.

(Reporting by Kanjyik Ghosh; Editing by Shailesh Kuber)

×
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Report it to us.

Next In Tech News
Amazon’s Twitch starts rival to TikTok in short-form video
Google and Apple now threatened by the US antitrust laws that helped build their technology empires
Crypto washout sends bitcoin below $58,000 into bear market
Qantas says tech upgrade caused loyalty app to malfunction
Microsoft’s Satya Nadella adds AI for Thailand on South-East Asia tour
Finnish hacker imprisoned for accessing thousands of psychotherapy records and demanding ransoms
Nepalis fight TikTok ban in court, or ignore it entirely
Microsoft, Brookfield to partner on renewable energy projects
Microsoft to open first regional data centre in Thailand
Scammers stole more than RM16.2bil from older Americans last year, an FBI report says

Trending in Tech

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.