Micron Clinches Up to $13.6 Billion in US Grants, Loans

Senate Majority Leader Chuck Schumer, a Democrat from New York, left, and Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during an event with US President Joe Biden, not pictured, at the Milton J. Rubenstein Museum of Science and Technology in Syracuse, New York, US, on Thursday, April 25, 2024. The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing. Photographer: Lauren Petracca/Bloomberg via Getty Images

Micron Clinches Up to $13.6 Billion in US Grants, Loans
Senate Majority Leader Chuck Schumer, a Democrat from New York, left, and Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during an event with US President Joe Biden, not pictured, at the Milton J. Rubenstein Museum of Science and Technology in Syracuse, New York, US, on Thursday, April 25, 2024. The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing. Photographer: Lauren Petracca/Bloomberg via Getty Images
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