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President Joe Biden announced Thursday in downtown Syracuse the $6.1 billion dollars in federal CHIPS and Science Funding which will help make Micron's $100 billion megafab project in Clay a reality.
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The president spoke Thursday at the Museum of Science and Technology in Syracuse to announce a package of grants totaling $6.1 billion for Micron to build a megafab complex in the Town of Clay.
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President Joe Biden will visit Syracuse on Thursday to formally announce the preliminary agreement between the Department of Commerce and Micron providing Micron with up to $6.14 billion in direct funding under the CHIPS and Science Act.
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The Micron project comes after the White House has announced massive investments for Intel, TSMC and Samsung in recent weeks using funds from the 2022 CHIPS and Science Act.
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President Joe Biden will visit Syracuse on Thursday following the Micron CHIPS funding announcement.
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Micron was awarded $6.1 billion in federal funding under the CHIPS and Science Law some of which will go toward the $100 billion mega-fab project in Clay.
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The U.S. Army Corps of Engineers will be taking public comments regarding environmental concerns over the Micron semiconductor manufacturing plant project.
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With the arrival of Micron in the near future, Onondaga County officials are scrambling to find ways to create more housing.
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The idea is to have a steady pipeline of skilled workers ready to fill jobs not only at Micron but other semiconductor and supply chain companies.
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As Ryan McMahon begins his second full term as Onondaga County Executive, he expects county business over the next four years, to be dominated by the single largest private investment in New York history.