Micron (MU) Secures $6.1B for Domestic Manufacturing Expansion

Micron Technology, Inc. (MU) has embarked on a transformative journey in semiconductor manufacturing, securing $6.1 billion in funding under the CHIPS and Science Act to support its ambitious expansion plans in the United States. This landmark agreement, signed in collaboration with the Biden-Harris Administration, represents a significant milestone in the revitalization of domestic memory chip production.Reviving Domestic Semiconductor ManufacturingMicron's commitment to invest approximately $50 billion in ...