Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production
Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.
On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports.
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Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment.
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This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports.
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That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
In addition to "tens of thousands of
indirect jobs in the regions," NPR reports.
.
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
The U.S. Pentagon and President Biden have strongly condemned the International Criminal Court's (ICC) decision to issue arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant. The ICC's charges against the Israeli leaders, including crimes against humanity and war crimes, have sparked a wave of criticism from Israel and the U.S., with both sides rejecting the court's jurisdiction. The ICC's move follows Senate threats of sanctions against the court, adding further diplomatic tension.
#ICC #Israel #Netanyahu #WarCrimes #Biden #Pentagon #USPolicy #InternationalLaw #Hamas #IsraelDefense #ICCJurisdiction #InternationalNews #InternationalRelations #Oneindia #OneindiaNews
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The Biden administration has announced plans to forgive $4.7 billion in loans provided to Ukraine as part of a broader aid package. This move, aimed at supporting Ukraine's financial stability amid the ongoing war with Russia, has sparked debate in the U.S. Congress. While some lawmakers, including Senator Rand Paul, argue against the plan, it aligns with U.S. national interests and NATO's goals. The decision reflects the U.S.'s continued support for Ukraine's economic recovery and defense efforts.
#UkraineAid #BidenAdministration #DebtRelief #UkraineCrisis #USPolitics #ForeignPolicy #DebtForgiveness #SupportForUkraine #InternationalRelation #InternationalNews #WorldWar3Starts #Oneindia #OneindiaNews
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Senate Democrats displayed growing internal division over US arms sales to Israel, with approximately one-third voting to block $1.097 billion in weapons transfers. Led by Bernie Sanders, these progressive Democrats highlighted humanitarian concerns in Gaza, challenging the Biden administration's stance. The votes revealed increasing tensions within the party regarding Israel's military campaign, though the resolutions were ultimately unsuccessful.
#IsraelHamaswar #IsraelGazawar #Democrats #BernieSanders #Biden #IsraelHamas #IsraelGazawar #gazawarlive #Warnews
After Biden’s long range missile approval, now NATO allies are making significant moves in Ukraine, with Estonian Foreign Minister Margus Tsahkna calling for potential EU military deployment. The US has authorized Ukraine's use of ATACMS missiles to strike Russian territory, prompting immediate Ukrainian attacks on Bryansk. These escalatory actions near Russia's borders raise tensions and concerns about potential broader war before Trump's 2025 presidency.
#Biden #Ukrainewar #Ukrainewar #NATO #Worldnews #RussiaNucleaerwar #NuclearDoctrine #Ukrainewarlive #Warnews #war
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President Joe Biden has approved sending anti-personnel landmines to Ukraine, as he seeks to ramp up support for Kyiv in his final days in office. Sky News
US president-elect Donald Trump visited the White House on Wednesday for an Oval Office meeting with President Joe Biden, where both pledged to ensure a smooth transition of power.
Credit: euronews (in English) Duration: 00:38Published
8:20 AM PT -- And, with that, the meeting is over. Trump and Biden smiled for cameras as Secret Service and staffers ushered the yelling reporters out of the.. TMZ.com
US Secretary of State Antony Blinken visited Brussels for urgent talks with EU and NATO officials on boosting support for Ukraine, amid concerns over potential policy shifts after Donald Trump returns to the White House.
Credit: euronews (in English) Duration: 01:20Published
BJP president J P Nadda accused the JMM-led Jharkhand government of harboring Bangladeshi infiltrators, facilitating their acquisition of official documents, and.. IndiaTimes
Ukraine's Center for Countering Disinformation has removed multiple bulletins criticizing Tulsi Gabbard following her nomination as director of national intelligence by President-elect Trump. The former Democratic congresswoman, now Republican, has consistently opposed US military interventions and advocated for diplomatic solutions in Ukraine. Previously accused of spreading Russian disinformation by CCD, Gabbard has maintained critical positions on Ukraine's leadership and conflict resolution approaches.
#TulsiGabbard #DonaldTrump #Trumpnews #Trumpupdates #Maga #Ukrainewar #Ukraine #VolodymyrZelensky #Ukrainewar #Ukrainelive #Russia #Russiawar #War #Warnews
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Hezbollah refutes Israeli claims of assassinating commander Ali Karaki, asserting he's alive and safe. Israel has intensified attacks on Lebanon, targeting Beirut's southern suburbs, Bekaa Valley, and southern regions. Recent strikes in Bir al-Abed injured seven, following an earlier attack killing 51. As of Now, Hezbollah has retaliated with over 100+ Rocket Attacks.
#HezbollahKaraki #HassanNasrallah #IsraelHezbollah #HezbollahAttack #MiddleEast #Tehran #Worldnews #Oneindia #Oneindianews
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Biden Announces Deal With Taiwan’s TSMC , to Ramp Up US Chip Production.
On April 8, the White House said that it has reached an agreement with TSMC to help build new semiconductor manufacturing..
Credit: Wibbitz Top Stories Duration: 01:31Published