Micron Plans to Invest $40 Billion on US Chip Production as the Country Passes CHIPS and Science Act

Capitalising on grants and credits in new legislation President Joe Biden will sign Tuesday, US semiconductor firm Micron announced plans to invest $40 billion (roughly Rs. 3,18,000 crore)¬†on domestic chip production by the end of the decade. Micron President and CEO Sanjay Mehrotra, who will join Biden at the White House for the signing of … Read more