The US Department of Commerce has finalized a $6.1 billion subsidy for memory chip maker Micron Technology, according to a White House statement on Tuesday. This funding also opens the door to additional support for constructing multiple domestic semiconductor facilities. The investment, consistent with the amount announced in April, represents one of the largest government allocations to chipmakers under the US CHIPS and Science Act. The initiative aims to strengthen America’s semiconductor manufacturing capabilities and reduce reliance on foreign suppliers,
