US finalises more than US$6.1 billion chips subsidy for Micron Technology

Quick Summary:

The US Department of Commerce has finalised a subsidy of more than US$6.1 billion for memory chip maker Micron Technology to support the construction of several domestic semiconductor facilities, according to a White House statement on Tuesday (Dec 10).

US finalises more than US$6.

The final awards come just weeks before President-elect Donald Trump, who has criticised the program, takes office.

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Category: EconomyBusiness

Markets: SingaporeChinaIndiaTaiwan

Topics: Semiconductor Us$6 Finalises Commerce Micron Billion Technology Department Finalised Memory Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 20:41:02 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 313 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24326895

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News Last Updated: 22 minutes ago

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