Micron announces $40 billion investment in US chip manufacturing ...Middle East

Technology by : (The Hill) -
Micron Technology plans to invest $40 billion in U.S. semiconductor manufacturing after Congress approved massive chip subsidies, the company said Tuesday.   The Boise, Idaho-based chipmaker said that the investment will create 40,000 new jobs, 5,000 highly paid technical and operational roles, and bring the “world’s most advanced memory manufacturing” to the U.S.  The announcement came as executives at Micron and other chipmakers joined President Biden at Tuesday’s signing of the CHIPS and Science Act, which will provide $76 billion in subsidies to bring semiconductor manufacturing back to the U.S. Lawmakers approved the bipartisan bill late last month in a bid to reduce the nat

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