By hindicoins / Oct. 05 2022

Micron Chip Plant New York News 2022

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$100 billion was spent on microchip plants in New York.

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Micron will spend $100billion on microchip plant in New York, Micron to build a computer chip factory.

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Micron will spend $100billion to build a new computer chip factory in New York over the next two decades.

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According to America News, Micron CEO Sanjay Mehrotra credited the passage of the law for making this possible.

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After this announcement, Micron's stock gained 4.3% on Tuesday.

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Following the Chips Act legislation prompted a wave of investment in several semiconductors, including Micron.

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Intel has said that the plan relies heavily on federal law to invest $100 billion in chip manufacturing in Ohio.

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