On Thursday, the Biden administration announced a preliminary agreement with Micron, a semiconductor manufacturer based in Idaho. This investment is part of the bipartisan CHIPS and Science Act and will support the construction of two manufacturing hubs, one in Clay, N.Y., near Syracuse, and the other in Boise, Idaho.
During his visit to Syracuse on Friday, President Biden is expected to deliver remarks at 2 p.m. EDT and showcase the achievements of this agreement with Micron. This investment is a significant step towards strengthening the semiconductor industry in the United States and ensuring its competitiveness in the global market.
The video above provides more information on this announcement by the Biden administration. Copyright 2024 Nexstar Media Inc. All rights reserved. This content may not be published, broadcast, rewritten, or redistributed without permission.
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