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Department of Commerce Awards CHIPS Incentives to Micron for Idaho and New York Projects and Announces Preliminary Memorandum of Terms for Virginia DRAM Project to Secure Domestic Supply of Legacy Memory Chips
December 10, 2024
WASHINGTON, Dec. 10 -- The U.S. Department of Commerce issued the following news release:

CHIPS Award Will Support Micron's 20-year Manufacturing Vision to Expand Leading-Edge DRAM Production in Idaho and New York

CHIPS PMT Would Support Expansion of Virginia Facility to Onshore Important Memory Production

Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Micron Technology up to $6.165 billion in direct funding un . . .

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