WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho.
Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately be a set of four chip factories near Syracuse in the town of Clay. He noted in a Wednesday interview that the announcement was a sign to voters about how Democrats were reviving the manufacturing sector.
”It will be the biggest memory chip plant in America,” said Schumer. “For the Syracuse area, this is the best thing that’s happened probably since the Erie Canal.”
The comparison to the 1825 infrastructure project that connected the Great Lakes to the Atlantic Ocean is audacious, but it gets at the possible magnitude of the economic impact as well as the national security stakes in an increasingly digital world.
Clemson guard Chase Hunter enters NBA Draft, but retains eligibility to come back to college
Food writer baffles This Morning viewers with tips for cheap lunches
Awkward moment pregnant mother is left in tears after discovering she's having a third son
Trump appeals US$454 million ruling in NY civil fraud case
Jim Harbaugh takes fans inside his RV! New Chargers coach, who earns $16m
How Lady Louise Windsor is tipped for a key role in Prince William's future monarchy
'Commonsense' win as fish exports to US given all
Bank of America profits plunge 18% due to rise in customer credit card delinquencies
'Commonsense' win as fish exports to US given all
Gen Zs' latest obsession of 'anti
Masterful meals: Masterchef 2014 Champion Ping Coombes's nasi goreng with sambal belacan