Micron poised to get $8.3b in US chip grants
The Straits Times|April 19, 2024
Funding will help pay for domestic factory projects, bring production back to US soil

Micron Technology, the largest US maker of computer memory chips, is poised to get US$6.1 billion (S$8.3 billion) in grants from the Commerce Department to help pay for domestic factory projects, part of an effort to bring semiconductor production back to American soil.

The award, which is not yet finalised, is slated to be revealed next week, according to people familiar with the matter. Micron, like Intel and Taiwan Semiconductor Manufacturing Company (TSMC), will also accept loans as part of its award package, said two of the people. The total value of those loans remains unclear.

US President Joe Biden is scheduled to travel on April 25 to the Syracuse, New York, region as part of the announcement, the people said. Micron, based in Boise, Idaho, is building factories near Syracuse, as well as in its home state.

この記事は The Straits Times の April 19, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は The Straits Times の April 19, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

THE STRAITS TIMESのその他の記事すべて表示
CHIJ celebrates 170 years of teaching generations of girls
The Straits Times

CHIJ celebrates 170 years of teaching generations of girls

Second-oldest girls' school holds big bash for staff and students, past and present

time-read
3 分  |
May 21, 2024
Test kits fly off the shelves as Covid-19 cases spike
The Straits Times

Test kits fly off the shelves as Covid-19 cases spike

Pharmacies report surge in demand for kits, masks as S'pore faces new infection wave

time-read
4 分  |
May 21, 2024
Uncertainty plagues Britain's post-Brexit border with EU
The Straits Times

Uncertainty plagues Britain's post-Brexit border with EU

Repeated delays in implementing full Customs controls driving up costs for businesses and govt

time-read
2 分  |
May 21, 2024
India issues new dietary guidelines for its citizens
The Straits Times

India issues new dietary guidelines for its citizens

They include consuming less food high in fat, sugar and salt, and reading food labels

time-read
4 分  |
May 21, 2024
Israel vows to broaden Rafah sweep amid heavy fighting in parts of Gaza
The Straits Times

Israel vows to broaden Rafah sweep amid heavy fighting in parts of Gaza

Aid agencies warn of widespread hunger and dire shortages of fuel, medical supplies

time-read
3 分  |
May 21, 2024
Johor tourism unlikely to be hit by attack at Ulu Tiram police station
The Straits Times

Johor tourism unlikely to be hit by attack at Ulu Tiram police station

Industry players in state do not expect fall in number of visitors, especially those from Singapore

time-read
1 min  |
May 21, 2024
Indians vote early in fifth phase of polls to avoid blistering heat
The Straits Times

Indians vote early in fifth phase of polls to avoid blistering heat

Indians voted on May 20 in the fifth phase of a mammoth general election, with actors and sports celebrities among the thousands who turned out early in a bid to avoid scorching afternoon heat in the financial hub of Mumbai.

time-read
2 分  |
May 21, 2024
BJP drums up support as Modi faces voter fatigue in Indian polls
The Straits Times

BJP drums up support as Modi faces voter fatigue in Indian polls

Ruling party faces resurgent opposition, bread and butter issues, youth discontent

time-read
4 分  |
May 21, 2024
No Tesla factory? Satellites will do for now as Indonesia courts Musk
The Straits Times

No Tesla factory? Satellites will do for now as Indonesia courts Musk

Jakarta invites billionaire to help with restoration of mangrove forests

time-read
4 分  |
May 21, 2024
MFA director-general gets jail for lying over use of diplomatic bags
The Straits Times

MFA director-general gets jail for lying over use of diplomatic bags

Fine inappropriate, says judge, citing serious potential impact to public service, ministry

time-read
4 分  |
May 21, 2024