'Micron Technology will receive substantial financial aid from the US government to establish semiconductor manufacturing facilities in New York and Idaho. This investment marks a significant milestone in the US government's efforts to revitalize domestic semiconductor production and reduce reliance on foreign sources. The funding will enable Micron to establish cutting-edge memory chip manufacturing capabilities within the United States, a development that has not occurred in the past two decades. This initiative aligns with President Biden's broader goal of bolstering the US semiconductor industry and ensuring its competitiveness in the global market.'
