Factbox-US finalizes more than $6.1 billion funding for Micron under CHIPS Act
) MicroSystems, said it would receive as much as $123 million in direct funding. It plans to invest about $525 million over the next two years to double the production capacity of its Bloomingdale, Minnesota facility.The U.S. Department of Commerce has finalized a subsidy of more than $6.1 billion for the memory chip maker to support the construction of several domestic semiconductor facilities.The South Korean electronics giant will be provided up to $6.
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