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Biden formally announces $6.1 billion Micron funding in visit to the MOST in Syracuse

President Joseph Biden
U.S. President Joseph Biden on Thursday announced Syracuse as an Investing in America Workforce Hub, along with Milwaukee, Philadelphia, and Detroit and Lansing, Michigan. The Syracuse hub will focus on semiconductor manufacturing. Biden also used the Syracuse visit to formally announce the agreement between Micron Technology Inc. (NASDAQ: MU) and the U.S. Department of Commerce for $6.1 billion in federal funding from the CHIPS and Science Act. (Eric Reinhardt / CNYBJ)

SYRACUSE, N.Y. — U.S. President Joseph Biden on Thursday afternoon formally announced a $6.1 billion funding award for Micron Technology, Inc. (NASDAQ: MU) during a visit to the Milton J. Rubenstein Museum of Science & Technology (the MOST) in downtown Syracuse. The billions in funding will come through the federal CHIPS and Science Act for […]

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