How many chips does $29 billion buy?
Release Date:
Micron Technology is getting $6.14 billion from the Biden administration
to build microchip facilities in the U.S., becoming the fourth and final
maker of leading-edge semiconductors to get government subsidies. On
POLITICO Tech, Michael Schmidt, the director of the Commerce
Department’s CHIPS Program Office, breaks down the deals and explains
what comes next.
How many chips does $29 billion buy?